813 E Silver Lake RdEagle 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 813 E Silver Lake Rd, Eagle River, WI, 54521 priced at $395,000 converts $1,860/mo rent into after a $1,933/mo obligation. Total monthly income equals $1,860/mo. Return on cash invested prints 12.66% in year one, and rental yield reads 5.65% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 64.68% and total cumulative return in cash sums $84,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.27 Acres lot
$N/A/sqft
No 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: DAVID ELIASON • ELIASON REALTY - EAGLE RIVER
Mls Name: GNMLS
Mls ID: #215412