511 COTTAGE STREETMerrillWI54452
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 511 COTTAGE STREET, Merrill, WI, 54452 with 5% annual appreciation on a $199,900 basis while $2,608/mo rent supports operations. Total monthly income totals $2,608/mo and a $978/mo payment preserves $1,267/mo for cash returns. Annual cash flow comes to $15,202/yr on $66,267 deployed, and return on cash invested reaches 42.85% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 15.66%. Five-year ROI measures 226.56% and total cumulative return in cash totals $150,133.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,608/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,098 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: Katharine Altman • COLDWELL BANKER ACTION
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22402778
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.