35 Randall AveRhinelanderWI54501
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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 35 Randall Ave, Rhinelander, WI, 54501 offers $1,440/mo rent that, after a $1,170/mo payment. Total monthly income is $1,440/mo. Return on cash invested measures 17.42% in year one, and rental yield stands at 7.23% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 90.2% and total cumulative return in cash reaches $71,460. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
6,621 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
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Listed by: JUDY MIXIS • SHOREWEST - RHINELANDER
Mls Name: GNMLS
Mls ID: #214983