420 Conro StRhinelanderWI54501
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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 Rhinelander at 420 Conro St, Rhinelander, WI, 54501 priced at $134,900 converts $1,038/mo rent into $133/mo cash flow after a $660/mo obligation. Total monthly income equals $1,038/mo, and annual cash flow totals $1,595/yr on $44,719 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 9.23% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 122.64% and total cumulative return in cash sums $54,845. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,038/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54501, Rhinelander, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 7,110 (57.9%) |
| Renter Occupied HU | 2,392 (19.5%) |
| Vacant Housing Units | 2,770 (22.6%) |
| Median Home Value | $249,582 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
9,892
Single Family
9,187
Multi-Family
705
Businesses
887
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Listed by: CECILY DAWSON • LAKELAND REALTY
Mls Name: GNMLS
Mls ID: #215091