201 3rd StreetShell LakeWI54871
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Nearby investment properties with comparable prices
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 Shell Lake at 201 3rd Street, Shell Lake, WI, 54871 generates $991/mo in rent, after a $778/mo payment. Total monthly income is $991/mo. Return on cash invested sits at 18.18% in year one, and rental yield is 7.48% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 94.37% and total cumulative return in cash sums $49,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $991/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54871, Shell Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,035 (100%) |
| Owner Occupied HU | 1,112 (54.6%) |
| Renter Occupied HU | 289 (14.2%) |
| Vacant Housing Units | 634 (31.2%) |
| Median Home Value | $294,583 |
| Average Home Value | $363,485 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,335
Multi-Family
70
Businesses
100
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Listed by: David McNulty • Coldwell Banker Realty Shell Lake
Mls Name: WIREX MLS
Mls ID: #1594803