12207 E Railroad RdLake NebagamonWI54849
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 Lake Nebagamon at 12207 E Railroad Rd, Lake Nebagamon, WI, 54849 generates $0/mo in rent, after a $6,828/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.49% in year one, and rental yield is 0% on a $1,395,000 entry. Equity gained on principal adds $9,002/yr, while 5% annual appreciation builds toward $385,413 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
232.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54849, Lake Nebagamon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,369 (100%) |
| Owner Occupied HU | 834 (60.9%) |
| Renter Occupied HU | 131 ( 9.6%) |
| Vacant Housing Units | 404 (29.5%) |
| Median Home Value | $281,905 |
| Average Home Value | $333,678 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
928
Multi-Family
20
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Peggy Kman • Coldwell Banker Realty - Iron River
Mls Name: Lake Superior Area Realtors
Mls ID: #6120627