905 Harrison StreetSpoonerWI54801
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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 Spooner at 905 Harrison Street, Spooner, WI, 54801 with 5% annual appreciation on a $164,900 basis while $1,239/mo rent supports operations. Total monthly income totals $1,239/mo and a $807/mo payment preserves $132/mo for cash returns. Annual cash flow comes to $1,589/yr on $54,664 deployed, and return on cash invested reaches 22.82% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 9.02%. Five-year ROI measures 119.16% and total cumulative return in cash totals $65,140.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,239/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54801, Spooner, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,947 (100%) |
| Owner Occupied HU | 2,358 (47.7%) |
| Renter Occupied HU | 736 (14.9%) |
| Vacant Housing Units | 1,853 (37.5%) |
| Median Home Value | $263,056 |
| Average Home Value | $305,125 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,273
Multi-Family
111
Businesses
368
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Listed by: Donnie Marker • Dane Arthur Real Estate Agency/Birchwood
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588793
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.