W2424 State Highway 102Rib 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 W2424 State Highway 102, Rib Lake, WI, 54470 offers a 5.97% rental yield on a $449,000 purchase with $2,234/mo rent. 62% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 69.84% and total cumulative return in cash at $103,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,234/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
37.88 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: RICHARD CLINTON • BIRCHLAND REALTY, INC. - PHILLIPS
Mls Name: GNMLS
Mls Provider:
Mls ID: #211171
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.