120 Logan Ave WTurtle LakeWI54889
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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 Turtle Lake at 120 Logan Ave W, Turtle Lake, WI, 54889 generates $1,080/mo in rent, after a $929/mo payment. Total monthly income is $1,080/mo. Return on cash invested sits at 16.21% in year one, and rental yield is 6.82% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 83.77% and total cumulative return in cash sums $52,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54889, Turtle Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 905 (49.3%) |
| Renter Occupied HU | 341 (18.6%) |
| Vacant Housing Units | 591 (32.2%) |
| Median Home Value | $283,578 |
| Average Home Value | $329,771 |
Housing Distribution
Address Breakdown
Residential
1,272
Single Family
1,192
Multi-Family
80
Businesses
80
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Listed by: Melissa S Jones • Century 21 Affiliated
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6772326