324 Lennox StRhinelanderWI54501
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
Rental property for sale in Rhinelander at 324 Lennox St, Rhinelander, WI, 54501 generates $1,448/mo in rent and, after a $795/mo payment, leaves $358/mo in cash flow. Total monthly income is $1,448/mo, and annual cash flow is $4,293/yr on $53,869 invested. Return on cash invested sits at 27.88% in year one, and rental yield is 10.69% on a $162,500 entry. Equity gained on principal adds $1,049/yr, while 5% annual appreciation builds toward $44,896 over five years. Five-year ROI reaches 146.28% and total cumulative return in cash sums $78,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,448/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
9,104 sqft 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: LISA EGGMAN • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls Provider:
Mls ID: #213376
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.