506 N Brown 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 506 N Brown St, Rhinelander, WI, 54501 priced at $109,900 converts $1,154/mo rent into $416/mo cash flow after a $538/mo obligation. Total monthly income equals $1,154/mo, and annual cash flow totals $4,996/yr on $36,432 invested. Return on cash invested prints 33.62% in year one, and rental yield reads 12.6% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 177.12% and total cumulative return in cash sums $64,528. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,154/mo property income covering a $538/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
6,621 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: JOE FLANDERS • FLANDERS REALTY GROUP
Mls Name: GNMLS
Mls Provider:
Mls ID: #212827
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.