1709 Baxter AveSuperiorWI54880
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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 Superior at 1709 Baxter Ave, Superior, WI, 54880 priced at $153,500 converts $1,770/mo rent into $740/mo cash flow after a $751/mo obligation. Total monthly income equals $1,770/mo, and annual cash flow totals $8,882/yr on $50,885 invested. Return on cash invested prints 37.36% in year one, and rental yield reads 13.84% against a $153,500 entry. Equity gained on principal adds $991/yr, while 5% annual appreciation compiles into $42,409 by year five. Five-year ROI reaches 197.2% and total cumulative return in cash sums $100,345. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,770/mo property income covering a $751/mo payment, not borrower’s personal income.
Single Family
Built in 1900
1,306 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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Listed by: Brenda Uotinen • Bachand Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6117499
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.