3958 Eagle Waters Rd #205/215Eagle RiverWI54521
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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
Total monthly income runs $1,860/mo, and a $2,051/mo payment. Purchase price stands at $419,000, and rental yield measures 5.33% with $1,860/mo rent. Return on cash invested shows 11.68% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 59.4% and total cumulative return in cash records $82,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Condo
Built in N/A
11.30 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
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Listed by: JUDY BARR & ASSOCIATES • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls ID: #214428