5769 Rest Bay LnManitowish 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 5769 Rest Bay Ln, Manitowish Waters, WI, 54545 offers a 5.44% rental yield on a $675,000 purchase with $3,061/mo rent. 12% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 61.74% and total cumulative return in cash at $137,103. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,061/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.08 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 ID: #214520