441 Old Elcho RdPelican LakeWI54463
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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 Pelican Lake at 441 Old Elcho Rd, Pelican Lake, WI, 54463 generates $1,609/mo in rent and, after a $1,145/mo payment, leaves $39/mo in cash flow. Total monthly income is $1,609/mo, and annual cash flow is $467/yr on $77,571 invested. Return on cash invested sits at 20.51% in year one, and rental yield is 8.25% on a $234,000 entry. Equity gained on principal adds $1,510/yr, while 5% annual appreciation builds toward $64,650 over five years. Five-year ROI reaches 106.74% and total cumulative return in cash sums $82,803. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,609/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54463, Pelican Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,007 (100%) |
| Owner Occupied HU | 347 (34.5%) |
| Renter Occupied HU | 48 ( 4.8%) |
| Vacant Housing Units | 612 (60.8%) |
| Median Home Value | $314,198 |
| Average Home Value | $364,366 |
Housing Distribution
Address Breakdown
Residential
472
Single Family
464
Multi-Family
8
Businesses
31
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Listed by: RAEGENE ZELAZOSKI • FIRST WEBER - RHINELANDER
Mls Name: GNMLS
Mls Provider:
Mls ID: #213239
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.