37475 Sophie LnBayfieldWI54814
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 Bayfield at 37475 Sophie Ln, Bayfield, WI, 54814 earns from $1,858/mo rent with a $1,713/mo payment. Total monthly income totals $1,858/mo. ROI tracks 12.89% on current figures, and rental yield reads 6.37% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 66.61% and total cumulative return in cash sums $77,282. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,858/mo property income instead of your personal income.
Single Family
Built in 2020
N/A lot
$N/A/sqft
$2,250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54814, Bayfield, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,886 (100%) |
| Owner Occupied HU | 876 (46.4%) |
| Renter Occupied HU | 432 (22.9%) |
| Vacant Housing Units | 578 (30.6%) |
| Median Home Value | $317,600 |
| Average Home Value | $331,558 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
700
Multi-Family
84
Businesses
138
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Nearby investment properties with comparable prices
Listed by: Jenna Galegher • Coldwell Banker Realty - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118911
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.