202 14th Ave EAshlandWI54806
Nearby investment properties with comparable rents
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
Investment property for sale in Ashland at 202 14th Ave E, Ashland, WI, 54806 offers a 16.5% rental yield on a $150,000 purchase with $2,063/mo rent. Total monthly income registers $2,063/mo, and a $734/mo payment leaves $1,057/mo available for distribution. Annual cash flow reaches $12,678/yr on $49,725 to close, and return on cash invested stands at 45.41% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 240.28% and total cumulative return in cash at $119,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,063/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1600
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54806, Ashland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,714 (100%) |
| Owner Occupied HU | 3,451 (60.4%) |
| Renter Occupied HU | 1,696 (29.7%) |
| Vacant Housing Units | 567 ( 9.9%) |
| Median Home Value | $214,817 |
| Average Home Value | $254,406 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,455
Multi-Family
470
Businesses
550
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Listed by: Rick Nettleton • By the Bay Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115807
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.