5241 McIlvain RdManitowish WatersWI54545
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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 Manitowish Waters at 5241 McIlvain Rd, Manitowish Waters, WI, 54545 listed at $987,000 pairs $1,662/mo rent with a $4,831/mo payment. Total monthly income runs $1,662/mo. Return on cash invested measures 1.72% in year one, and rental yield registers 2.02% at a $987,000 basis. Equity gained on principal adds $6,369/yr, and annual property appreciation at 5% supports $272,690 by year five. Five-year ROI tracks 5.97% and total cumulative return in cash totals $19,382. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,662/mo property income relative to a $4,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54545, Manitowish Waters, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,400 (100%) |
| Owner Occupied HU | 401 (28.6%) |
| Renter Occupied HU | 52 ( 3.7%) |
| Vacant Housing Units | 947 (67.6%) |
| Median Home Value | $621,173 |
| Average Home Value | $624,364 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
103
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Listed by: LINDA LONG TEAM • REDMAN REALTY GROUP, LLC
Mls Name: GNMLS
Mls Provider:
Mls ID: #212453
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.