4003 Spur Rd RoadShell LakeWI54871
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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
Investment property for sale in Shell Lake at 4003 Spur Rd Road, Shell Lake, WI, 54871 uses $63,648 cash to close to unlock $6,074/yr annual cash flow and $506/mo monthly cash flow. Total monthly income runs $1,795/mo, and a $940/mo payment keeps the spread at $506/mo. Purchase price stands at $192,000, and rental yield measures 11.22% with $1,795/mo rent. Return on cash invested shows 29.45% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 154.78% and total cumulative return in cash records $98,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,795/mo property income covering a $940/mo payment rather than investor’s personal income.
Single Family
Built in 1985
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54871, Shell Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,035 (100%) |
| Owner Occupied HU | 1,112 (54.6%) |
| Renter Occupied HU | 289 (14.2%) |
| Vacant Housing Units | 634 (31.2%) |
| Median Home Value | $294,583 |
| Average Home Value | $363,485 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,335
Multi-Family
70
Businesses
100
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Listed by: Connie Lester • Re/Max 4 Seasons, LLC
Mls Name: WIREX MLS
Mls ID: #1596895