901 Riverside DriveCornellWI54732
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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 Cornell at 901 Riverside Drive, Cornell, WI, 54732 priced at $279,000 converts $1,844/mo rent into after a $1,366/mo obligation. Total monthly income equals $1,844/mo. Return on cash invested prints 19.53% in year one, and rental yield reads 7.93% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 101.56% and total cumulative return in cash sums $93,931. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,844/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1940
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54732, Cornell, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 899 (66.7%) |
| Renter Occupied HU | 249 (18.5%) |
| Vacant Housing Units | 200 (14.8%) |
| Median Home Value | $236,270 |
| Average Home Value | $262,186 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,060
Multi-Family
9
Businesses
91
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Listed by: Candice Cossio • Riverbend Realty Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1586731
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.