23815 County Road XShell LakeWI54871
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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 Shell Lake at 23815 County Road X, Shell Lake, WI, 54871 generates $2,576/mo in rent, after a $1,958/mo payment. Total monthly income is $2,576/mo. Return on cash invested sits at 18.93% in year one, and rental yield is 7.73% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 98.27% and total cumulative return in cash sums $130,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,576/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54871, Shell Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,035 (100%) |
| Owner Occupied HU | 1,112 (54.6%) |
| Renter Occupied HU | 289 (14.2%) |
| Vacant Housing Units | 634 (31.2%) |
| Median Home Value | $294,583 |
| Average Home Value | $363,485 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,335
Multi-Family
70
Businesses
100
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Listed by: Victor Sacco • Edina Realty, Inc.
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119270
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 04:47:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#939)