6884 Settlement RdGillettWI54124
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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 Gillett at 6884 Settlement Rd, Gillett, WI, 54124 priced at $180,000 converts $1,359/mo rent into $151/mo cash flow after a $881/mo obligation. Total monthly income equals $1,359/mo, and annual cash flow totals $1,812/yr on $59,670 invested. Return on cash invested prints 22.95% in year one, and rental yield reads 9.06% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 119.81% and total cumulative return in cash sums $71,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,359/mo property income covering a $881/mo payment, not borrower’s personal income.
Manufactured
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54124, Gillett, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,305 (65.0%) |
| Renter Occupied HU | 316 (15.7%) |
| Vacant Housing Units | 386 (19.2%) |
| Median Home Value | $188,228 |
| Average Home Value | $230,307 |
Housing Distribution
Address Breakdown
Residential
1,522
Single Family
1,522
Multi-Family
0
Businesses
96
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Listed by: Shawn Thorne • Fireside Realty, LLC
Mls Name: RANW
Mls ID: #50303780
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.