320 Illinois StEagle RiverWI54521
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 Eagle River at 320 Illinois St, Eagle River, WI, 54521 earns $457/mo cash flow from $1,860/mo rent with a $1,023/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $5,488/yr on $69,284 capital. ROI tracks 27.83% on current figures, and rental yield reads 10.68% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 146.03% and total cumulative return in cash sums $101,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54521, Eagle River, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,085 (100%) |
| Owner Occupied HU | 3,316 (41.0%) |
| Renter Occupied HU | 754 ( 9.3%) |
| Vacant Housing Units | 4,015 (49.7%) |
| Median Home Value | $349,465 |
| Average Home Value | $405,066 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,534
Multi-Family
46
Businesses
487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: THE MERZ AND GOLDSWORTHY TEAM • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls ID: #215203