106 N State StMerrillWI54452
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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 Merrill at 106 N State St, Merrill, WI, 54452 uses $43,095 cash to close to unlock $1,690/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,013/mo, and a $636/mo payment keeps the spread at $141/mo. Purchase price stands at $130,000, and rental yield measures 9.35% with $1,013/mo rent. Return on cash invested shows 23.83% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 124.53% and total cumulative return in cash records $53,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,013/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1890
7,405 sqft 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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