1023 5th Ave EAshlandWI54806
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ashland at 1023 5th Ave E, Ashland, WI, 54806 listed at $239,900 pairs $1,270/mo rent with a $1,174/mo payment. Total monthly income runs $1,270/mo. Return on cash invested measures 14.78% in year one, and rental yield registers 6.35% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 76.06% and total cumulative return in cash totals $60,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,270/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54806, Ashland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,714 (100%) |
| Owner Occupied HU | 3,451 (60.4%) |
| Renter Occupied HU | 1,696 (29.7%) |
| Vacant Housing Units | 567 ( 9.9%) |
| Median Home Value | $214,817 |
| Average Home Value | $254,406 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,455
Multi-Family
470
Businesses
550
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Nearby investment properties with comparable prices
Listed by: Jessica Nettleton • By the Bay Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6117090
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.