9621 E Fire Tower RdLake NebagamonWI54849
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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 Lake Nebagamon at 9621 E Fire Tower Rd, Lake Nebagamon, WI, 54849 listed at $449,500 pairs $0/mo rent with a $2,200/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -4.38% in year one, and rental yield registers 0% at a $449,500 basis. Equity gained on principal adds $2,901/yr, and annual property appreciation at 5% supports $124,189 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $2,200/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54849, Lake Nebagamon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,369 (100%) |
| Owner Occupied HU | 834 (60.9%) |
| Renter Occupied HU | 131 ( 9.6%) |
| Vacant Housing Units | 404 (29.5%) |
| Median Home Value | $281,905 |
| Average Home Value | $333,678 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
928
Multi-Family
20
Businesses
34
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No similar rental properties found nearby.
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Listed by: Mary Anderson-Petroske • Coldwell Banker Realty - Duluth
Mls Name: Lake Superior Area Realtors
Mls ID: #6121675