4700-02 E Cherokee LnRhinelanderWI54501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 4700-02 E Cherokee Ln, Rhinelander, WI, 54501 uses $53,007 cash to close to unlock $1,302/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,182/mo, and a $783/mo payment keeps the spread at $109/mo. Purchase price stands at $159,900, and rental yield measures 8.87% with $1,182/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 116.74% and total cumulative return in cash records $61,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,182/mo property income covering a $783/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DEBORAH MANN • SHOREWEST - RHINELANDER
Mls Name: GNMLS
Mls Provider:
Mls ID: #209457
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.