8585 242nd AveNew AuburnWI54757
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in New Auburn at 8585 242nd Ave, New Auburn, WI, 54757 generates $1,849/mo in rent, after a $4,282/mo payment. Total monthly income is $1,849/mo. Return on cash invested sits at 3.29% in year one, and rental yield is 2.54% on a $874,900 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,719 over five years. Five-year ROI reaches 14.39% and total cumulative return in cash sums $41,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,849/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54757, New Auburn, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,144 (100%) |
| Owner Occupied HU | 1,217 (56.8%) |
| Renter Occupied HU | 191 ( 8.9%) |
| Vacant Housing Units | 736 (34.3%) |
| Median Home Value | $331,887 |
| Average Home Value | $392,371 |
Housing Distribution
Address Breakdown
Residential
1,530
Single Family
1,512
Multi-Family
18
Businesses
43
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Listed by: Mary F Rufledt • Elite Realty Group, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6785297