9262 E Park AveSolon SpringsWI54873
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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 Solon Springs at 9262 E Park Ave, Solon Springs, WI, 54873 offers a 8.58% rental yield on a $259,900 purchase with $1,858/mo rent. Total monthly income registers $1,858/mo, and a $1,272/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,366/yr on $86,157 to close, and return on cash invested stands at 21.49% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 112.02% and total cumulative return in cash at $96,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,858/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.66 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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Nearby investment properties with comparable prices
Listed by: Michael Blaylock • Coldwell Banker Realty - Spooner
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119152
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 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.