741 River Edge #BEagle RiverWI54521
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 Eagle River at 741 River Edge #B, Eagle River, WI, 54521 priced at $319,000 pairs $1,860/mo rent with after a $1,561/mo payment. Total monthly income equals $1,860/mo. Return on cash invested is 14.46% in year one, and rental yield stands at 7% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 75.11% and total cumulative return in cash reaches $79,429. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2001
3.12 Acres lot
$N/A/sqft
$200 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JUDY BARR & ASSOCIATES • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls Provider:
Mls ID: #210522
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.