24730 Scenic View LaneSpoonerWI54801
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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
Total monthly income runs $1,800/mo, and a $1,662/mo payment. Purchase price stands at $339,500, and rental yield measures 6.36% with $1,800/mo rent. Return on cash invested shows 14.8% in year one, and 5% annual appreciation builds toward $93,798 over five years. Five-year ROI reaches 76.19% and total cumulative return in cash records $85,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $1,662/mo payment rather than investor’s personal income.
Single Family
Built in 1997
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54801, Spooner, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,947 (100%) |
| Owner Occupied HU | 2,358 (47.7%) |
| Renter Occupied HU | 736 (14.9%) |
| Vacant Housing Units | 1,853 (37.5%) |
| Median Home Value | $263,056 |
| Average Home Value | $305,125 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,273
Multi-Family
111
Businesses
368
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