244 Eagle Lake Rd EPelican LakeWI54463
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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
Investment property for sale in Pelican Lake at 244 Eagle Lake Rd E, Pelican Lake, WI, 54463 with 5% annual appreciation on a $248,000 basis while $0/mo rent supports operations. 39% in year one. Equity gained on principal adds $1,600/yr, and five-year appreciation sums $68,518 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,214/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54463, Pelican Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 347 (34.5%) |
| Renter Occupied HU | 48 ( 4.8%) |
| Vacant Housing Units | 612 (60.8%) |
| Median Home Value | $314,198 |
| Average Home Value | $364,366 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
464
Multi-Family
8
Businesses
31
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No similar rental properties found nearby.
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Listed by: RAEGENE ZELAZOSKI • FIRST WEBER - RHINELANDER
Mls Name: GNMLS
Mls Provider:
Mls ID: #211887
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