10811 S Patterson RdSolon SpringsWI54873
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
Rental property for sale in Solon Springs at 10811 S Patterson Rd, Solon Springs, WI, 54873 generates $2,340/mo in rent, after a $1,821/mo payment. Total monthly income is $2,340/mo. Return on cash invested sits at 18.38% in year one, and rental yield is 7.55% on a $372,000 entry. Equity gained on principal adds $2,400/yr, while 5% annual appreciation builds toward $102,777 over five years. Five-year ROI reaches 95.37% and total cumulative return in cash sums $117,609. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54873, Solon Springs, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,240 (43.6%) |
| Renter Occupied HU | 217 ( 7.6%) |
| Vacant Housing Units | 1,390 (48.8%) |
| Median Home Value | $285,971 |
| Average Home Value | $331,042 |
Housing Distribution
Address Breakdown
Residential
1,611
Single Family
1,588
Multi-Family
23
Businesses
82
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Nearby investment properties with comparable prices
Listed by: Brenda Uotinen • Bachand Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120298
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.