N10497 E Solberg Lake RdPhillipsWI54555
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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
Rental property for sale in Phillips at N10497 E Solberg Lake Rd, Phillips, WI, 54555 generates $3,486/mo in rent, after a $5,624/mo payment. Total monthly income is $3,486/mo. Return on cash invested sits at 6.75% in year one, and rental yield is 3.64% on a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation builds toward $317,448 over five years. Five-year ROI reaches 32.88% and total cumulative return in cash sums $122,395. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,486/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
35.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54555, Phillips, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 1,793 (44.7%) |
| Renter Occupied HU | 520 (13.0%) |
| Vacant Housing Units | 1,696 (42.3%) |
| Median Home Value | $236,635 |
| Average Home Value | $264,614 |
Housing Distribution
Address Breakdown
Residential
2,433
Single Family
2,356
Multi-Family
77
Businesses
226
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