4833 Pike Bay #9Eagle RiverWI54521
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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
Total monthly income runs $1,610/mo, and a $1,904/mo payment. Purchase price stands at $389,000, and rental yield measures 4.97% with $1,610/mo rent. Return on cash invested shows 10.6% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 53.61% and total cumulative return in cash records $69,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,610/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Condo
Built in 2004
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54521, Eagle River, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,085 (100%) |
| Owner Occupied HU | 3,316 (41.0%) |
| Renter Occupied HU | 754 ( 9.3%) |
| Vacant Housing Units | 4,015 (49.7%) |
| Median Home Value | $349,465 |
| Average Home Value | $405,066 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,534
Multi-Family
46
Businesses
487
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Listed by: MARY RADTKE • CENTURY 21 BURKETT - THREE LKS
Mls Name: GNMLS
Mls Provider:
Mls ID: #211366
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