1608 Shake RoadSpoonerWI54801
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
Investment property for sale in Spooner at 1608 Shake Road, Spooner, WI, 54801 at $262,500 posts ROI 24.32% with $320/mo cash flow from $2,082/mo rent. Total monthly income equals $2,082/mo, and annual cash flow records $3,841/yr on $87,019 to close. Return on cash invested measures 24.32% and rental yield reads 9.52% at the current $262,500. Equity gained on principal adds $1,694/yr, and 5% annual appreciation supports $72,524 by year five. Five-year ROI prints 127.24% and total cumulative return in cash totals $110,722.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,082/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
9.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54801, Spooner, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,947 (100%) |
| Owner Occupied HU | 2,358 (47.7%) |
| Renter Occupied HU | 736 (14.9%) |
| Vacant Housing Units | 1,853 (37.5%) |
| Median Home Value | $263,056 |
| Average Home Value | $305,125 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,273
Multi-Family
111
Businesses
368
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