524 Marina Dr #524SuperiorWI54880
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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
Investment property for sale in Superior at 524 Marina Dr #524, Superior, WI, 54880 listed at $399,000 pairs $1,288/mo rent with a $1,953/mo payment. Total monthly income runs $1,288/mo. Return on cash invested measures 0.5% in year one, and rental yield registers 3.87% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 1.92% and total cumulative return in cash totals $2,534. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,288/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
0.41 Acres lot
$N/A/sqft
$750 other HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54880, Superior, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,548 (100%) |
| Owner Occupied HU | 7,945 (54.6%) |
| Renter Occupied HU | 5,718 (39.3%) |
| Vacant Housing Units | 885 ( 6.1%) |
| Median Home Value | $203,337 |
| Average Home Value | $244,522 |
Housing Distribution
Address Breakdown
Residential
14,070
Single Family
11,975
Multi-Family
2,095
Businesses
1,081
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Listed by: Steve Braman • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6120341
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.