E12675 Weigands N BayMerrimacWI53561
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: E12675 Weigands N Bay, Merrimac, WI, 53561 in Merrimac at $184,900 earns $1,579/mo in rent and nets $105/mo after the $831/mo payment, a 10.25% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $51,084 over five years. Ziffy Mortgage underwrites this on a 1.90 DSCR without U.S. credit history. With $1,703/yr in principal paydown, total projected return reaches $78,320.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $105 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,579 |
| Total Monthly Debt Service | $1,401 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2021
8,712 sqft lot
$N/A/sqft
$2,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53561, Merrimac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,282 (100%) |
| Owner Occupied HU | 766 (59.8%) |
| Renter Occupied HU | 106 ( 8.3%) |
| Vacant Housing Units | 410 (32.0%) |
| Median Home Value | $468,293 |
| Average Home Value | $532,027 |
Housing Distribution
Address Breakdown
Residential
997
Single Family
997
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
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
Manufactured
Built in 2021
8,712 sqft lot
$N/A/sqft
$2,800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53561, Merrimac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,282 (100%) |
| Owner Occupied HU | 766 (59.8%) |
| Renter Occupied HU | 106 ( 8.3%) |
| Vacant Housing Units | 410 (32.0%) |
| Median Home Value | $468,293 |
| Average Home Value | $532,027 |
Housing Distribution
Address Breakdown
Residential
997
Single Family
997
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Harder • Nth Degree Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1986456
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.