N217 Highview LnRib LakeWI54470
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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 Rib Lake at N217 Highview Ln, Rib Lake, WI, 54470 listed at $424,000 pairs $1,816/mo rent with a $2,075/mo payment. Total monthly income runs $1,816/mo. Return on cash invested measures 11.12% in year one, and rental yield registers 5.14% at a $424,000 basis. Equity gained on principal adds $2,736/yr, and annual property appreciation at 5% supports $117,143 by year five. Five-year ROI tracks 56.4% and total cumulative return in cash totals $79,275. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,816/mo property income relative to a $2,075/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54470, Rib Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,003 (100%) |
| Owner Occupied HU | 635 (63.3%) |
| Renter Occupied HU | 171 (17.0%) |
| Vacant Housing Units | 197 (19.6%) |
| Median Home Value | $227,500 |
| Average Home Value | $256,717 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
794
Multi-Family
21
Businesses
45
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Listed by: MADDIE MITTELSTEADT • RE/MAX EXCEL
Mls Name: GNMLS
Mls Provider:
Mls ID: #211556
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