8913 E Balsam DrSolon SpringsWI54873
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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 Solon Springs at 8913 E Balsam Dr, Solon Springs, WI, 54873 offers a 4.96% rental yield on a $325,000 purchase with $1,342/mo rent. 56% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 53.41% and total cumulative return in cash at $57,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,342/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54873, Solon Springs, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,240 (43.6%) |
| Renter Occupied HU | 217 ( 7.6%) |
| Vacant Housing Units | 1,390 (48.8%) |
| Median Home Value | $285,971 |
| Average Home Value | $331,042 |
Housing Distribution
Address Breakdown
Residential
1,611
Single Family
1,588
Multi-Family
23
Businesses
82
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Listed by: Michael Blaylock • Coldwell Banker Realty - Spooner
Mls Name: Lake Superior Area Realtors
Mls ID: #6121599