8603 Woodland DrMinocquaWI54548
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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 8603 Woodland Dr, Minocqua, WI, 54548 uses $107,738 cash to close to unlock $8,383/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $1,591/mo payment keeps the spread at $699/mo. Purchase price stands at $325,000, and rental yield measures 10.63% with $2,880/mo rent. Return on cash invested shows 27.69% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 145.26% and total cumulative return in cash records $156,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.82 Acres lot
$N/A/sqft
No 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: ADAM REDMAN • REDMAN REALTY GROUP, LLC
Mls Name: GNMLS
Mls Provider:
Mls ID: #212157
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.