602 Wisconsin StMerrillWI54452
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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 Merrill at 602 Wisconsin St, Merrill, WI, 54452 listed at $112,410 pairs $1,290/mo rent with a $550/mo payment to leave $536/mo cash flow. Total monthly income runs $1,290/mo, and annual cash flow reaches $6,429/yr on $37,264 cash to close. Return on cash invested measures 37.16% in year one, and rental yield registers 13.77% at a $112,410 basis. Equity gained on principal adds $725/yr, and annual property appreciation at 5% supports $31,057 by year five. Five-year ROI tracks 196.05% and total cumulative return in cash totals $73,056. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,290/mo property income relative to a $550/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
0.28 Acres 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
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Listed by: KEVIN BLAKE • FIRST WEBER - MERRILL
Mls Name: GNMLS
Mls Provider:
Mls ID: #214251
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.