8263 Highway 51 UNIT 1EMinocquaWI54548
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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
Investment property for sale in Minocqua at 8263 Highway 51 UNIT 1E, Minocqua, WI, 54548 earns from $2,611/mo rent with a $2,932/mo payment. Total monthly income totals $2,611/mo. ROI tracks 9.4% on current figures, and rental yield reads 5.23% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 47.88% and total cumulative return in cash sums $94,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,611/mo property income instead of your personal income.
Condo
Built in N/A
5.14 Acres lot
$N/A/sqft
$342 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54548, Minocqua, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,471 (100%) |
| Owner Occupied HU | 2,158 (39.4%) |
| Renter Occupied HU | 545 ( 10.0%) |
| Vacant Housing Units | 2,768 (50.6%) |
| Median Home Value | $407,209 |
| Average Home Value | $515,123 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,216
Multi-Family
231
Businesses
451
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Listed by: THOMAS COTE • REDMAN REALTY GROUP, LLC
Mls Name: GNMLS
Mls Provider:
Mls ID: #212980
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.