4287 Shepard Lake RdRhinelanderWI54501
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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 Rhinelander at 4287 Shepard Lake Rd, Rhinelander, WI, 54501 offers a 2.84% rental yield on a $499,000 purchase with $1,182/mo rent. 19% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 19.25% and total cumulative return in cash at $31,842. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,182/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
14.01 Acres 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: DAVID ELIASON • ELIASON REALTY - EAGLE RIVER
Mls Name: GNMLS
Mls ID: #214162