116 N Pelham StRhinelanderWI54501
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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 Rhinelander at 116 N Pelham St, Rhinelander, WI, 54501 with 5% annual appreciation on a $425,000 basis while $1,182/mo rent supports operations. 68% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 3.34%. Five-year ROI measures 27.23% and total cumulative return in cash totals $38,369. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,182/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54501, Rhinelander, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 7,110 (57.9%) |
| Renter Occupied HU | 2,392 (19.5%) |
| Vacant Housing Units | 2,770 (22.6%) |
| Median Home Value | $249,582 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
9,892
Single Family
9,187
Multi-Family
705
Businesses
887
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Listed by: RAEGENE ZELAZOSKI • FIRST WEBER - RHINELANDER
Mls Name: GNMLS
Mls Provider:
Mls ID: #211092
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.