2417 N Bay LnPhelpsWI54554
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 Phelps at 2417 N Bay Ln, Phelps, WI, 54554 generates $3,912/mo in rent, after a $3,891/mo payment. Total monthly income is $3,912/mo. Return on cash invested sits at 13.53% in year one, and rental yield is 5.9% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 69.29% and total cumulative return in cash sums $181,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,912/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54554, Phelps, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,491 (100%) |
| Owner Occupied HU | 455 (30.5%) |
| Renter Occupied HU | 77 ( 5.2%) |
| Vacant Housing Units | 959 (64.3%) |
| Median Home Value | $367,333 |
| Average Home Value | $481,731 |
Housing Distribution
Address Breakdown
Residential
481
Single Family
438
Multi-Family
43
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JUDY BARR & ASSOCIATES • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls Provider:
Mls ID: #214290
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.