114 8th 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
Investment property for sale in Shell Lake at 114 8th Avenue, Shell Lake, WI, 54871 with 5% annual appreciation on a $255,000 basis while $1,879/mo rent supports operations. Total monthly income totals $1,879/mo and a $1,248/mo payment preserves $168/mo for cash returns. Annual cash flow comes to $2,013/yr on $84,533 deployed, and return on cash invested reaches 22.29% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 8.84%. Five-year ROI measures 116.3% and total cumulative return in cash totals $98,312.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,879/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1942
0.40 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: Wisconsin Lakes Team Katie Folstad • Coldwell Banker Realty Spooner
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1590664
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.