83 Edgewater CtRhinelanderWI54501
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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 Rhinelander at 83 Edgewater Ct, Rhinelander, WI, 54501 with 5% annual appreciation on a $124,500 basis while $963/mo rent supports operations. 77% in year one. Equity gained on principal adds $803/yr, and five-year appreciation sums $34,397 alongside rental yield of 9.28%. Five-year ROI measures 49.21% and total cumulative return in cash totals $20,308. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $963/mo property income versus a $609/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
$511 monthly 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
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Listed by: SARAH EDINGER • FIRST WEBER - EAGLE RIVER
Mls Name: GNMLS
Mls Provider:
Mls ID: #212856
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