504 S Pelham 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 504 S Pelham St, Rhinelander, WI, 54501 priced at $249,750 pairs $1,994/mo rent with $318/mo cash flow after a $1,222/mo payment. Total monthly income equals $1,994/mo, and annual cash flow comes to $3,819/yr on $82,792 invested. Return on cash invested is 24.52% in year one, and rental yield stands at 9.58% on a $249,750 basis. Equity gained on principal adds $1,612/yr, and 5% annual appreciation accumulates to $69,001 by year five. Five-year ROI measures 128.31% and total cumulative return in cash reaches $106,227. For financing, Ziffy Mortgage’s DSCR program evaluates $1,994/mo property income against a $1,222/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,485 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: JULIE WINTER-PAEZ (JWP GROUP) • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls ID: #215053