3412 Highway 8RhinelanderWI54501
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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 Rhinelander at 3412 Highway 8, Rhinelander, WI, 54501 generates $2,441/mo in rent and, after a $1,610/mo payment, leaves $233/mo in cash flow. Total monthly income is $2,441/mo, and annual cash flow is $2,800/yr on $109,064 invested. Return on cash invested sits at 22.48% in year one, and rental yield is 8.9% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 117.31% and total cumulative return in cash sums $127,941. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,441/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
11.64 Acres 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
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Listed by: JEREMY MCCONE • SHOREWEST - RHINELANDER
Mls Name: GNMLS
Mls ID: #213563