1860 W Davenport StRhinelanderWI54501
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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 Rhinelander at 1860 W Davenport St, Rhinelander, WI, 54501 uses $76,742 cash to close to unlock $6,257/yr annual cash flow and $521/mo monthly cash flow. Total monthly income runs $2,075/mo, and a $1,133/mo payment keeps the spread at $521/mo. Purchase price stands at $231,500, and rental yield measures 10.76% with $2,075/mo rent. Return on cash invested shows 28.06% in year one, and 5% annual appreciation builds toward $63,959 over five years. Five-year ROI reaches 147.3% and total cumulative return in cash records $113,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,075/mo property income covering a $1,133/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54501, Rhinelander, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 7,110 (57.9%) |
| Renter Occupied HU | 2,392 (19.5%) |
| Vacant Housing Units | 2,770 (22.6%) |
| Median Home Value | $249,582 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
9,892
Single Family
9,187
Multi-Family
705
Businesses
887
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