11411 W 3rd StSolon SpringsWI54873
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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 Solon Springs at 11411 W 3rd St, Solon Springs, WI, 54873 offers a 8.54% rental yield on a $429,900 purchase with $3,061/mo rent. Total monthly income registers $3,061/mo, and a $2,104/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,112/yr on $142,512 to close, and return on cash invested stands at 21.39% in year one. Equity gained on principal adds $2,774/yr while 5% annual appreciation supports $118,773 over five years. Portfolio math shows five-year ROI at 111.51% and total cumulative return in cash at $158,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,061/mo property income against a $2,104/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1.23 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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Listed by: Kimberly Thomas • Keller Williams Classic Realty NW
Mls Name: Lake Superior Area Realtors
Mls ID: #6123329