1397 3rd StTurtle 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 1397 3rd St, Turtle Lake, WI, 54889 generates $1,175/mo in rent, after a $1,957/mo payment. Total monthly income is $1,175/mo. Return on cash invested sits at 6.25% in year one, and rental yield is 3.53% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 30.31% and total cumulative return in cash sums $40,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,175/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1,306 sqft 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: Dan Payne • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795962