303 E 5th StWashburnWI54891
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 Washburn at 303 E 5th St, Washburn, WI, 54891 listed at $369,000 pairs $1,996/mo rent with a $1,806/mo payment. Total monthly income runs $1,996/mo. Return on cash invested measures 15.2% in year one, and rental yield registers 6.49% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 78.26% and total cumulative return in cash totals $95,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,996/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1895
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54891, Washburn, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,909 (100%) |
| Owner Occupied HU | 1,265 (66.3%) |
| Renter Occupied HU | 356 (18.6%) |
| Vacant Housing Units | 288 (15.1%) |
| Median Home Value | $254,500 |
| Average Home Value | $289,628 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,261
Multi-Family
104
Businesses
125
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Nearby investment properties with comparable prices
Listed by: Brianna Bailey • Broad Street Brokers, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120041
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.