1530 Washington AveSuperiorWI54880
Nearby investment properties with comparable rents
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 Superior at 1530 Washington Ave, Superior, WI, 54880 offers $1,686/mo rent that, after a $612/mo payment, leaves $847/mo cash flow. Total monthly income is $1,686/mo, and annual cash flow is $10,163/yr on $41,438 cash. Return on cash invested measures 44.44% in year one, and rental yield stands at 16.19% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 235.05% and total cumulative return in cash reaches $97,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,686/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1894
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54880, Superior, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 7,945 (54.6%) |
| Renter Occupied HU | 5,718 (39.3%) |
| Vacant Housing Units | 885 ( 6.1%) |
| Median Home Value | $203,337 |
| Average Home Value | $244,522 |
Housing Distribution
Address Breakdown
Residential
14,070
Single Family
11,975
Multi-Family
2,095
Businesses
1,081
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Nearby investment properties with comparable prices
Listed by: Shauna Leonard • CENTURY 21 Atwood
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116349
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.