407 N State StMerrillWI54452
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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
Rental property for sale in Merrill at 407 N State St, Merrill, WI, 54452 priced at $159,900 converts $967/mo rent into after a $783/mo obligation. Total monthly income equals $967/mo. Return on cash invested prints 17.5% in year one, and rental yield reads 7.26% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 90.66% and total cumulative return in cash sums $48,054. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $967/mo property income covering a $783/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
7,775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54452, Merrill, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,940 (100%) |
| Owner Occupied HU | 6,031 (67.5%) |
| Renter Occupied HU | 2,145 (24.0%) |
| Vacant Housing Units | 764 ( 8.5%) |
| Median Home Value | $208,241 |
| Average Home Value | $249,639 |
Housing Distribution
Address Breakdown
Residential
8,454
Single Family
7,841
Multi-Family
613
Businesses
572
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