2475 Forest DrRhinelanderWI54501
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 Rhinelander at 2475 Forest Dr, Rhinelander, WI, 54501 listed at $120,000 pairs $916/mo rent with a $587/mo payment to leave $111/mo cash flow. Total monthly income runs $916/mo, and annual cash flow reaches $1,332/yr on $39,780 cash to close. Return on cash invested measures 23.26% in year one, and rental yield registers 9.16% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 121.47% and total cumulative return in cash totals $48,319. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $916/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54501, Rhinelander, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 7,110 (57.9%) |
| Renter Occupied HU | 2,392 (19.5%) |
| Vacant Housing Units | 2,770 (22.6%) |
| Median Home Value | $249,582 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
9,892
Single Family
9,187
Multi-Family
705
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SCOTT FREIMUTH • NORWISREALTY.COM LLC
Mls Name: GNMLS
Mls ID: #213826