N232 West Cedar Springs DRIVENeshkoroWI54960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Neshkoro at N232 West Cedar Springs DRIVE, Neshkoro, WI, 54960 offers $2,324/mo rent that, after a $2,374/mo payment. Total monthly income is $2,324/mo. Return on cash invested measures 12.96% in year one, and rental yield stands at 5.75% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 66.26% and total cumulative return in cash reaches $106,526. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,324/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54960, Neshkoro, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,166 (100%) |
| Owner Occupied HU | 1,141 (52.7%) |
| Renter Occupied HU | 170 ( 7.8%) |
| Vacant Housing Units | 855 (39.5%) |
| Median Home Value | $290,468 |
| Average Home Value | $342,447 |
Housing Distribution
Address Breakdown
Residential
1,431
Single Family
1,431
Multi-Family
0
Businesses
40
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