W1823 LITTLE SPIRIT DRIVERib 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 W1823 LITTLE SPIRIT DRIVE, Rib Lake, WI, 54470 earns $241/mo cash flow from $1,247/mo rent with a $734/mo payment. Total monthly income totals $1,247/mo, and annual cash flow totals $2,888/yr on $49,692 capital. ROI tracks 25.72% on current figures, and rental yield reads 9.98% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash sums $66,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,247/mo property income instead of your personal income.
Manufactured
Built in 2003
9,583 sqft 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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