5404 O'Konski RdMercerWI54547
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
Rental property for sale in Mercer at 5404 O'Konski Rd, Mercer, WI, 54547 offers $2,396/mo rent that, after a $3,079/mo payment. Total monthly income is $2,396/mo. Return on cash invested measures 9.47% in year one, and rental yield stands at 4.57% at a $629,000 entry. Equity gained on principal adds $4,059/yr while 5% annual appreciation compounds into $173,781 by year five. Five-year ROI records 47.55% and total cumulative return in cash reaches $98,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,396/mo property income versus a $3,079/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54547, Mercer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 763 (36.0%) |
| Renter Occupied HU | 132 ( 6.2%) |
| Vacant Housing Units | 1,222 (57.7%) |
| Median Home Value | $372,485 |
| Average Home Value | $397,628 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
830
Multi-Family
18
Businesses
101
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Nearby investment properties with comparable prices
Listed by: JENNA DEVAULT • SHOREWEST - RHINELANDER
Mls Name: GNMLS
Mls Provider:
Mls ID: #211738
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.