1192 Blackburn RdSpoonerWI54801
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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 Spooner at 1192 Blackburn Rd, Spooner, WI, 54801 priced at $699,900 converts $2,476/mo rent into after a $3,426/mo obligation. Total monthly income equals $2,476/mo. Return on cash invested prints 8.48% in year one, and rental yield reads 4.25% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 42.23% and total cumulative return in cash sums $97,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,476/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1979
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54801, Spooner, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,947 (100%) |
| Owner Occupied HU | 2,358 (47.7%) |
| Renter Occupied HU | 736 (14.9%) |
| Vacant Housing Units | 1,853 (37.5%) |
| Median Home Value | $263,056 |
| Average Home Value | $305,125 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,273
Multi-Family
111
Businesses
368
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