741 River Edge #CEagle 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
Rental property for sale in Eagle River at 741 River Edge #C, Eagle River, WI, 54521 offers $1,780/mo rent that, after a $1,268/mo payment. Total monthly income is $1,780/mo. Return on cash invested measures 17.69% in year one, and rental yield stands at 8.25% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 92.7% and total cumulative return in cash reaches $79,588. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,780/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
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
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Listed by: MICHELLE GARSOW • CENTURY 21 BURKETT - LOL
Mls Name: GNMLS
Mls Provider:
Mls ID: #212274
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.