6390 Higgins DrEagle RiverWI54521
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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 Eagle River at 6390 Higgins Dr, Eagle River, WI, 54521 offers a 11% rental yield on a $225,000 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,101/mo payment leaves $552/mo available for distribution. Annual cash flow reaches $6,627/yr on $74,588 to close, and return on cash invested stands at 28.79% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 151.21% and total cumulative return in cash at $112,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2005
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54521, Eagle River, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,085 (100%) |
| Owner Occupied HU | 3,316 (41.0%) |
| Renter Occupied HU | 754 ( 9.3%) |
| Vacant Housing Units | 4,015 (49.7%) |
| Median Home Value | $349,465 |
| Average Home Value | $405,066 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,534
Multi-Family
46
Businesses
487
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Listed by: CLIFF KOLINSKY • CENTURY 21 BURKETT - LOL
Mls Name: GNMLS
Mls ID: #212955