11422 S 1st St SWSolon SpringsWI54873
Nearby investment properties with comparable rents
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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 Solon Springs at 11422 S 1st St SW, Solon Springs, WI, 54873 generates $1,555/mo in rent and, after a $954/mo payment, leaves $247/mo in cash flow. Total monthly income is $1,555/mo, and annual cash flow is $2,961/yr on $64,643 invested. Return on cash invested sits at 24.49% in year one, and rental yield is 9.57% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash sums $82,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,555/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.26 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: Mollie Maruca • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118783
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.