2980 E Kerr LnPhelpsWI54554
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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 Phelps at 2980 E Kerr Ln, Phelps, WI, 54554 earns from $3,412/mo rent with a $4,283/mo payment. Total monthly income totals $3,412/mo. ROI tracks 9.8% on current figures, and rental yield reads 4.68% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 49.31% and total cumulative return in cash sums $141,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,412/mo property income instead of your personal income.
Single Family
Built in 1983
2.72 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
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Listed by: JEREMY RYAN • ELIASON REALTY - EAGLE RIVER
Mls Name: GNMLS
Mls Provider:
Mls ID: #211825
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.