8579 Hower RdMinocquaWI54548
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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 Minocqua at 8579 Hower Rd, Minocqua, WI, 54548 priced at $130,000 converts $2,040/mo rent into $643/mo cash flow after a $636/mo obligation. Total monthly income equals $2,040/mo, and annual cash flow totals $7,714/yr on $43,095 invested. Return on cash invested prints 37.81% in year one, and rental yield reads 18.83% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 204.81% and total cumulative return in cash sums $88,263. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $636/mo payment, not borrower’s personal income.
Manufactured
Built in N/A
7.83 Acres lot
$N/A/sqft
$525 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: MICHAEL QUEOFF • ELIASON REALTY - EAGLE RIVER
Mls Name: GNMLS
Mls Provider:
Mls ID: #209284
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.