803 Ellis AveAshlandWI54806
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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 Ashland at 803 Ellis Ave, Ashland, WI, 54806 offers $1,373/mo rent that, after a $852/mo payment, leaves $205/mo cash flow. Total monthly income is $1,373/mo, and annual cash flow is $2,459/yr on $57,681 cash. Return on cash invested measures 24.17% in year one, and rental yield stands at 9.47% at a $174,000 entry. Equity gained on principal adds $1,123/yr while 5% annual appreciation compounds into $48,073 by year five. Five-year ROI records 126.39% and total cumulative return in cash reaches $72,905. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,373/mo property income versus a $852/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54806, Ashland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,714 (100%) |
| Owner Occupied HU | 3,451 (60.4%) |
| Renter Occupied HU | 1,696 (29.7%) |
| Vacant Housing Units | 567 ( 9.9%) |
| Median Home Value | $214,817 |
| Average Home Value | $254,406 |
Housing Distribution
Address Breakdown
Residential
4,925
Single Family
4,455
Multi-Family
470
Businesses
550
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