88525 Romans Point RdHerbsterWI54844
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Herbster at 88525 Romans Point Rd, Herbster, WI, 54844 listed at $299,500 pairs $1,351/mo rent with a $1,466/mo payment. Total monthly income runs $1,351/mo. Return on cash invested measures 11.94% in year one, and rental yield registers 5.41% at a $299,500 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,746 by year five. Five-year ROI tracks 60.79% and total cumulative return in cash totals $60,359. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,351/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54844, Herbster, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 548 (100%) |
| Owner Occupied HU | 167 (30.5%) |
| Renter Occupied HU | 15 ( 2.7%) |
| Vacant Housing Units | 366 (66.8%) |
| Median Home Value | $306,944 |
| Average Home Value | $345,749 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: Dann Tervo • Coldwell Banker Realty - Duluth
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6114913
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.