403 2nd StShell 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 403 2nd St, Shell Lake, WI, 54871 earns $150/mo cash flow from $1,122/mo rent with a $709/mo payment. Total monthly income totals $1,122/mo, and annual cash flow totals $1,797/yr on $48,034 capital. ROI tracks 23.65% on current figures, and rental yield reads 9.29% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 123.61% and total cumulative return in cash sums $59,377. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,122/mo property income instead of your personal income.
Single Family
Built in 1920
0.33 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: Heidi Kringle • NWWI, LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6803436