124 Pine St NTurtle LakeWI54889
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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 Turtle Lake at 124 Pine St N, Turtle Lake, WI, 54889 offers $1,362/mo rent that, after a $978/mo payment, leaves $21/mo cash flow. Total monthly income is $1,362/mo, and annual cash flow is $250/yr on $66,267 cash. Return on cash invested measures 20.29% in year one, and rental yield stands at 8.18% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 105.56% and total cumulative return in cash reaches $69,949. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,362/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.34 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: Bailey Blanchard • Compass Realty Group
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6788118