16729 South Storm RoadMinongWI54859
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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
Investment property for sale in Minong at 16729 South Storm Road, Minong, WI, 54859 offers a 10.95% rental yield on a $249,900 purchase with $2,281/mo rent. Total monthly income registers $2,281/mo, and a $1,223/mo payment leaves $604/mo available for distribution. Annual cash flow reaches $7,248/yr on $82,842 to close, and return on cash invested stands at 28.66% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 150.49% and total cumulative return in cash at $124,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,281/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54859, Minong, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,232 (100%) |
| Owner Occupied HU | 767 (34.4%) |
| Renter Occupied HU | 209 ( 9.4%) |
| Vacant Housing Units | 1,256 (56.3%) |
| Median Home Value | $284,231 |
| Average Home Value | $340,671 |
Housing Distribution
Address Breakdown
Residential
1,122
Single Family
1,096
Multi-Family
26
Businesses
57
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