1717 Summer Dr #1Eagle RiverWI54521
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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 Eagle River at 1717 Summer Dr #1, Eagle River, WI, 54521 listed at $218,500 pairs $1,250/mo rent with a $1,069/mo payment. Total monthly income runs $1,250/mo. Return on cash invested measures 16.33% in year one, and rental yield registers 6.86% at a $218,500 basis. Equity gained on principal adds $1,410/yr, and annual property appreciation at 5% supports $60,368 by year five. Five-year ROI tracks 84.4% and total cumulative return in cash totals $61,136. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,250/mo property income relative to a $1,069/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54521, Eagle River, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,085 (100%) |
| Owner Occupied HU | 3,316 (41.0%) |
| Renter Occupied HU | 754 ( 9.3%) |
| Vacant Housing Units | 4,015 (49.7%) |
| Median Home Value | $349,465 |
| Average Home Value | $405,066 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,534
Multi-Family
46
Businesses
487
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Listed by: NICOLE HEBERT • KELLER WILLIAMS CLASSIC REALTY NW
Mls Name: GNMLS
Mls ID: #214036