1687 Evergreen PathSpoonerWI54801
Nearby investment properties with comparable rents
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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 Spooner at 1687 Evergreen Path, Spooner, WI, 54801 priced at $210,000 pairs $1,205/mo rent with after a $1,028/mo payment. Total monthly income equals $1,205/mo. Return on cash invested is 16.38% in year one, and rental yield stands at 6.89% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 84.66% and total cumulative return in cash reaches $58,936. For financing, Ziffy Mortgage’s DSCR program evaluates $1,205/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
5 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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