419 Weeks AveSuperiorWI54880
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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 Superior at 419 Weeks Ave, Superior, WI, 54880 generates $2,070/mo in rent and, after a $822/mo payment, leaves $943/mo in cash flow. Total monthly income is $2,070/mo, and annual cash flow is $11,314/yr on $55,692 invested. Return on cash invested sits at 40.22% in year one, and rental yield is 14.79% on a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 212.44% and total cumulative return in cash sums $118,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,070/mo property income rather than buyer’s personal income.
Multi Family
Built in 1892
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54880, Superior, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 7,945 (54.6%) |
| Renter Occupied HU | 5,718 (39.3%) |
| Vacant Housing Units | 885 ( 6.1%) |
| Median Home Value | $203,337 |
| Average Home Value | $244,522 |
Housing Distribution
Address Breakdown
Residential
14,070
Single Family
11,975
Multi-Family
2,095
Businesses
1,081
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Listed by: Nick Burns • Coldwell Banker Realty - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6115813
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.