203 North MILL STREETMerrillWI54452
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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 Merrill at 203 North MILL STREET, Merrill, WI, 54452 offers a 8.43% rental yield on a $204,900 purchase with $1,439/mo rent. Total monthly income registers $1,439/mo, and a $1,003/mo payment leaves $64/mo available for distribution. Annual cash flow reaches $765/yr on $67,924 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $1,322/yr while 5% annual appreciation supports $56,610 over five years. Portfolio math shows five-year ROI at 109.55% and total cumulative return in cash at $74,410. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,439/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54452, Merrill, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,940 (100%) |
| Owner Occupied HU | 6,031 (67.5%) |
| Renter Occupied HU | 2,145 (24.0%) |
| Vacant Housing Units | 764 ( 8.5%) |
| Median Home Value | $208,241 |
| Average Home Value | $249,639 |
Housing Distribution
Address Breakdown
Residential
8,454
Single Family
7,841
Multi-Family
613
Businesses
572
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