112 3rd AvenueShell LakeWI54871
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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 Shell Lake at 112 3rd Avenue, Shell Lake, WI, 54871 generates $835/mo in rent and, after a $538/mo payment, leaves $97/mo in cash flow. Total monthly income is $835/mo, and annual cash flow is $1,166/yr on $36,465 invested. Return on cash invested sits at 23.11% in year one, and rental yield is 9.11% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 120.77% and total cumulative return in cash sums $44,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $835/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,534 sqft 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: David McNulty • Coldwell Banker Realty Shell Lake
Mls Name: WIREX MLS
Mls ID: #1596002