745 Balsam StRhinelanderWI54501
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 Rhinelander at 745 Balsam St, Rhinelander, WI, 54501 priced at $215,000 pairs $1,182/mo rent with after a $1,052/mo payment. Total monthly income equals $1,182/mo. Return on cash invested is 15.52% in year one, and rental yield stands at 6.6% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 80.03% and total cumulative return in cash reaches $57,037. For financing, Ziffy Mortgage’s DSCR program evaluates $1,182/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,142 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54501, Rhinelander, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,272 (100%) |
| Owner Occupied HU | 7,110 (57.9%) |
| Renter Occupied HU | 2,392 (19.5%) |
| Vacant Housing Units | 2,770 (22.6%) |
| Median Home Value | $249,582 |
| Average Home Value | $307,163 |
Housing Distribution
Address Breakdown
Residential
9,892
Single Family
9,187
Multi-Family
705
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LISA ALSTEEN • REDMAN REALTY GROUP, LLC
Mls Name: GNMLS
Mls ID: #215039