23245 County Rd WGrantsburgWI54840
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
Rental property for sale in Grantsburg at 23245 County Rd W, Grantsburg, WI, 54840 generates $1,302/mo in rent, after a $1,542/mo payment. Total monthly income is $1,302/mo. Return on cash invested sits at 10.57% in year one, and rental yield is 4.96% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 53.49% and total cumulative return in cash sums $55,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,302/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
1.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Melbostad • Kris Lindahl Real Estate
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119053
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 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.