23014 State Road 48 #87GrantsburgWI54840
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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
Total monthly income runs $1,914/mo, and a $1,835/mo payment. Purchase price stands at $375,000, and rental yield measures 6.12% with $1,914/mo rent. Return on cash invested shows 14.1% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 72.34% and total cumulative return in cash records $89,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1926
1.60 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: Shari Steele • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820249