219 East Burnett AvenueGrantsburgWI54840
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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
Rental property for sale in Grantsburg at 219 East Burnett Avenue, Grantsburg, WI, 54840 priced at $198,000 converts $1,379/mo rent into $50/mo cash flow after a $969/mo obligation. Total monthly income equals $1,379/mo, and annual cash flow totals $604/yr on $65,637 invested. Return on cash invested prints 20.83% in year one, and rental yield reads 8.36% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 108.49% and total cumulative return in cash sums $71,212. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,379/mo property income covering a $969/mo payment, not borrower’s personal income.
Single Family
Built in 1911
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54840, Grantsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,863 (100%) |
| Owner Occupied HU | 1,676 (58.5%) |
| Renter Occupied HU | 348 (12.2%) |
| Vacant Housing Units | 839 (29.3%) |
| Median Home Value | $237,317 |
| Average Home Value | $264,743 |
Housing Distribution
Address Breakdown
Residential
1,956
Single Family
1,868
Multi-Family
88
Businesses
118
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Listed by: Leslie Boyea • Quorum Enterprises Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1578232
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.