W1610 WOOD CREEK AVENUERib 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
Rental property for sale in Rib Lake at W1610 WOOD CREEK AVENUE, Rib Lake, WI, 54470 priced at $350,000 converts $1,285/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,285/mo. Return on cash invested prints 8.91% in year one, and rental yield reads 4.41% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 44.57% and total cumulative return in cash sums $51,710. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,285/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1950
38.81 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: Team Dixon Greiner Realty • DIXON GREINER REALTY, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22403826
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.