3501 E 1st StSuperiorWI54880
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 Superior at 3501 E 1st St, Superior, WI, 54880 offers a 11.94% rental yield on a $269,900 purchase with $2,686/mo rent. Total monthly income registers $2,686/mo, and a $1,321/mo payment leaves $875/mo available for distribution. Annual cash flow reaches $10,496/yr on $89,472 to close, and return on cash invested stands at 31.64% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 166.44% and total cumulative return in cash at $148,914. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,686/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54880, Superior, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 7,945 (54.6%) |
| Renter Occupied HU | 5,718 (39.3%) |
| Vacant Housing Units | 885 ( 6.1%) |
| Median Home Value | $203,337 |
| Average Home Value | $244,522 |
Housing Distribution
Address Breakdown
Residential
14,070
Single Family
11,975
Multi-Family
2,095
Businesses
1,081
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia Russom • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119969
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.