1003 Heritage CtMerrillWI54452
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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 Merrill at 1003 Heritage Ct, Merrill, WI, 54452 generates $3,257/mo in rent and, after a $2,324/mo payment, leaves $70/mo in cash flow. Total monthly income is $3,257/mo, and annual cash flow is $843/yr on $157,429 invested. Return on cash invested sits at 20.44% in year one, and rental yield is 8.23% on a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 106.41% and total cumulative return in cash sums $167,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,257/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54452, Merrill, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,940 (100%) |
| Owner Occupied HU | 6,031 (67.5%) |
| Renter Occupied HU | 2,145 (24.0%) |
| Vacant Housing Units | 764 ( 8.5%) |
| Median Home Value | $208,241 |
| Average Home Value | $249,639 |
Housing Distribution
Address Breakdown
Residential
8,454
Single Family
7,841
Multi-Family
613
Businesses
572
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