N2361 LONG COVE DRIVEWaupacaWI54981
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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 Waupaca at N2361 LONG COVE DRIVE, Waupaca, WI, 54981 generates $2,437/mo in rent, after a $9,789/mo payment. Total monthly income is $2,437/mo. Return on cash invested sits at 0.03% in year one, and rental yield is 1.46% on a $1,999,999 entry. Equity gained on principal adds $12,906/yr, while 5% annual appreciation builds toward $552,563 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,437/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54981, Waupaca, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,324 (100%) |
| Owner Occupied HU | 4,707 (56.5%) |
| Renter Occupied HU | 1,975 (23.7%) |
| Vacant Housing Units | 1,642 (19.7%) |
| Median Home Value | $291,852 |
| Average Home Value | $344,801 |
Housing Distribution
Address Breakdown
Residential
7,569
Single Family
6,829
Multi-Family
740
Businesses
591
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Listed by: Ben Lyons • RE/MAX Lyons Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50306712
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.