9298 West Yellow River DriveSpoonerWI54801
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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 9298 West Yellow River Drive, Spooner, WI, 54801 earns $123/mo cash flow from $961/mo rent with a $611/mo payment. Total monthly income totals $961/mo, and annual cash flow totals $1,477/yr on $41,404 capital. ROI tracks 23.48% on current figures, and rental yield reads 9.23% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash sums $50,830. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $961/mo property income instead of your personal income.
Manufactured
Built in 1983
1.07 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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