2964 Hiawatha Rd #4MercerWI54547
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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 Mercer at 2964 Hiawatha Rd #4, Mercer, WI, 54547 generates $420/mo in rent, after a $1,213/mo payment. Total monthly income is $420/mo. Return on cash invested sits at 1.75% in year one, and rental yield is 2.03% on a $247,900 entry. Equity gained on principal adds $1,600/yr, while 5% annual appreciation builds toward $68,490 over five years. Five-year ROI reaches 6.19% and total cumulative return in cash sums $5,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $420/mo property income rather than buyer’s personal income.
Condo
Built in 1990
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54547, Mercer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 763 (36.0%) |
| Renter Occupied HU | 132 ( 6.2%) |
| Vacant Housing Units | 1,222 (57.7%) |
| Median Home Value | $372,485 |
| Average Home Value | $397,628 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
830
Multi-Family
18
Businesses
101
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