N13431 County Line RdMinongWI54859
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
Investment Highlights
Investment property for sale in Minong at N13431 County Line Rd, Minong, WI, 54859 earns from $1,420/mo rent with a $1,786/mo payment. Total monthly income totals $1,420/mo. ROI tracks 9.7% on current figures, and rental yield reads 4.67% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 48.78% and total cumulative return in cash sums $59,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,420/mo property income instead of your personal income.
Single Family
Built in 1975
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54859, Minong, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,232 (100%) |
| Owner Occupied HU | 767 (34.4%) |
| Renter Occupied HU | 209 ( 9.4%) |
| Vacant Housing Units | 1,256 (56.3%) |
| Median Home Value | $284,231 |
| Average Home Value | $340,671 |
Housing Distribution
Address Breakdown
Residential
1,122
Single Family
1,096
Multi-Family
26
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Haakenson • Re/Max 4 Season, LLC
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116256
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 2024 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.