630 W Lake DrShell LakeWI54871
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 Shell Lake at 630 W Lake Dr, Shell Lake, WI, 54871 priced at $699,900 pairs $1,627/mo rent with after a $3,426/mo payment. Total monthly income equals $1,627/mo. Return on cash invested is 4.06% in year one, and rental yield stands at 2.79% on a $699,900 basis. Equity gained on principal adds $4,516/yr, and 5% annual appreciation accumulates to $193,369 by year five. Five-year ROI measures 18.51% and total cumulative return in cash reaches $42,620. For financing, Ziffy Mortgage’s DSCR program evaluates $1,627/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54871, Shell Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,035 (100%) |
| Owner Occupied HU | 1,112 (54.6%) |
| Renter Occupied HU | 289 (14.2%) |
| Vacant Housing Units | 634 (31.2%) |
| Median Home Value | $294,583 |
| Average Home Value | $363,485 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,335
Multi-Family
70
Businesses
100
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Nearby investment properties with comparable prices
Listed by: Victor Sacco • Edina Realty, Inc.
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119536
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.