624 Pine St NGrantsburgWI54840
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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
Rental property for sale in Grantsburg at 624 Pine St N, Grantsburg, WI, 54840 generates $1,515/mo in rent and, after a $930/mo payment, leaves $240/mo in cash flow. Total monthly income is $1,515/mo, and annual cash flow is $2,878/yr on $62,985 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 9.57% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 128.03% and total cumulative return in cash sums $80,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,515/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
14.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54840, Grantsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,863 (100%) |
| Owner Occupied HU | 1,676 (58.5%) |
| Renter Occupied HU | 348 (12.2%) |
| Vacant Housing Units | 839 (29.3%) |
| Median Home Value | $237,317 |
| Average Home Value | $264,743 |
Housing Distribution
Address Breakdown
Residential
1,956
Single Family
1,868
Multi-Family
88
Businesses
118
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Listed by: Debra L. Hitchcock • Lakeside Realty Group
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6813868