23540 State Highway 13CornucopiaWI54827
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 Cornucopia at 23540 State Highway 13, Cornucopia, WI, 54827 offers a 5.31% rental yield on a $479,000 purchase with $2,120/mo rent. 64% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 59.17% and total cumulative return in cash at $93,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,120/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54827, Cornucopia, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 423 (100%) |
| Owner Occupied HU | 146 (34.5%) |
| Renter Occupied HU | 16 ( 3.8%) |
| Vacant Housing Units | 261 (61.7%) |
| Median Home Value | $334,483 |
| Average Home Value | $370,137 |
Housing Distribution
Address Breakdown
Residential
95
Single Family
95
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: Dann Tervo • Coldwell Banker Realty - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119285
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.