1117 E Lake DrShell LakeWI54871
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 Shell Lake at 1117 E Lake Dr, Shell Lake, WI, 54871 offers a 4.01% rental yield on a $707,000 purchase with $2,363/mo rent. 77% in year one. Equity gained on principal adds $4,562/yr while 5% annual appreciation supports $195,331 over five years. Portfolio math shows five-year ROI at 38.43% and total cumulative return in cash at $89,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,363/mo property income against a $3,460/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54871, Shell Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,035 (100%) |
| Owner Occupied HU | 1,112 (54.6%) |
| Renter Occupied HU | 289 (14.2%) |
| Vacant Housing Units | 634 (31.2%) |
| Median Home Value | $294,583 |
| Average Home Value | $363,485 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,335
Multi-Family
70
Businesses
100
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Listed by: Jonathan P Minerick • homecoin.com
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6737638
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