3880 Evergreen RdEagle RiverWI54521
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 Eagle River at 3880 Evergreen Rd, Eagle River, WI, 54521 uses $82,842 cash to close to unlock $2,196/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $1,223/mo payment keeps the spread at $183/mo. Purchase price stands at $249,900, and rental yield measures 8.93% with $1,860/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 117.78% and total cumulative return in cash records $97,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54521, Eagle River, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,085 (100%) |
| Owner Occupied HU | 3,316 (41.0%) |
| Renter Occupied HU | 754 ( 9.3%) |
| Vacant Housing Units | 4,015 (49.7%) |
| Median Home Value | $349,465 |
| Average Home Value | $405,066 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,534
Multi-Family
46
Businesses
487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ELLI SODER • REDMAN REALTY GROUP, LLC
Mls Name: GNMLS
Mls ID: #214068