N6496 STATE RD 42AlgomaWI54201
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 Algoma at N6496 STATE RD 42, Algoma, WI, 54201 earns from $2,621/mo rent with a $2,055/mo payment. Total monthly income totals $2,621/mo. ROI tracks 18.21% on current figures, and rental yield reads 7.49% at a $419,900 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 over five years. Five-year ROI reaches 94.46% and total cumulative return in cash sums $131,484. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,621/mo property income instead of your personal income.
Single Family
Built in 1974
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54201, Algoma, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,771 (65.9%) |
| Renter Occupied HU | 525 (19.5%) |
| Vacant Housing Units | 393 (14.6%) |
| Median Home Value | $198,164 |
| Average Home Value | $241,745 |
Housing Distribution
Address Breakdown
Residential
2,489
Single Family
2,392
Multi-Family
97
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
