506 E 9th StMerrillWI54452
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 Merrill at 506 E 9th St, Merrill, WI, 54452 uses $57,018 cash to close to unlock $2,334/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,349/mo, and a $842/mo payment keeps the spread at $195/mo. Purchase price stands at $172,000, and rental yield measures 9.41% with $1,349/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash records $71,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,349/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54452, Merrill, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,940 (100%) |
| Owner Occupied HU | 6,031 (67.5%) |
| Renter Occupied HU | 2,145 (24.0%) |
| Vacant Housing Units | 764 ( 8.5%) |
| Median Home Value | $208,241 |
| Average Home Value | $249,639 |
Housing Distribution
Address Breakdown
Residential
8,454
Single Family
7,841
Multi-Family
613
Businesses
572
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ANDREA KRUEGER • CENTURY 21 BEST WAY REALTY
Mls Name: GNMLS
Mls Provider:
Mls ID: #212530
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.