W1400 Spring Grove Road #102RiponWI54971
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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 Ripon at W1400 Spring Grove Road #102, Ripon, WI, 54971 offers a 1.41% rental yield on a $765,000 purchase with $900/mo rent. 3% in year one. Equity gained on principal adds $4,936/yr while 5% annual appreciation supports $211,355 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $3,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
$875 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54971, Ripon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 2,931 (59.1%) |
| Renter Occupied HU | 1,516 (30.6%) |
| Vacant Housing Units | 514 (10.4%) |
| Median Home Value | $264,464 |
| Average Home Value | $302,979 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
4,001
Multi-Family
571
Businesses
337
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Listed by: Jeffrey Shadick • Better Homes and Gardens Real Estate Special Properties
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2002629
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved