935 Johnson DrNew RichmondWI54017
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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
Investment property for sale in New Richmond at 935 Johnson Dr, New Richmond, WI, 54017 listed at $292,900 pairs $2,570/mo rent with a $1,434/mo payment to leave $604/mo cash flow. Total monthly income runs $2,570/mo, and annual cash flow reaches $7,247/yr on $97,096 cash to close. Return on cash invested measures 27.37% in year one, and rental yield registers 10.53% at a $292,900 basis. Equity gained on principal adds $1,890/yr, and annual property appreciation at 5% supports $80,923 by year five. Five-year ROI tracks 143.54% and total cumulative return in cash totals $139,371. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,570/mo property income relative to a $1,434/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54017, New Richmond, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,267 (72.8%) |
| Renter Occupied HU | 2,005 (23.3%) |
| Vacant Housing Units | 333 ( 3.9%) |
| Median Home Value | $371,747 |
| Average Home Value | $424,805 |
Housing Distribution
Address Breakdown
Residential
8,602
Single Family
8,124
Multi-Family
478
Businesses
513
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Listed by: Melissa Wiegele • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6681885