8285 Half Moon Lake DriveIron RiverWI54847
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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 Iron River at 8285 Half Moon Lake Drive, Iron River, WI, 54847 generates $1,632/mo in rent, after a $1,610/mo payment. Total monthly income is $1,632/mo. Return on cash invested sits at 13.57% in year one, and rental yield is 5.95% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 69.58% and total cumulative return in cash sums $75,885. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,632/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54847, Iron River, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,156 (100%) |
| Owner Occupied HU | 1,022 (47.4%) |
| Renter Occupied HU | 201 ( 9.3%) |
| Vacant Housing Units | 933 (43.3%) |
| Median Home Value | $294,976 |
| Average Home Value | $360,707 |
Housing Distribution
Address Breakdown
Residential
1,067
Single Family
1,019
Multi-Family
48
Businesses
91
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Listed by: Doug Nelson • ListWithFreedom.com
Mls Name: WIREX MLS
Mls ID: #1593842