W16355 North Loop DrGoodmanWI54125
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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 Goodman at W16355 North Loop Dr, Goodman, WI, 54125 offers a 1.99% rental yield on a $362,000 purchase with $600/mo rent. 61% in year one. Equity gained on principal adds $2,336/yr while 5% annual appreciation supports $100,014 over five years. Portfolio math shows five-year ROI at 5.44% and total cumulative return in cash at $6,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $600/mo property income against a $1,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54125, Goodman, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 234 (41.9%) |
| Renter Occupied HU | 35 ( 6.3%) |
| Vacant Housing Units | 290 (51.9%) |
| Median Home Value | $205,682 |
| Average Home Value | $252,874 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
22
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Listed by: DAWN STRASSER • COLDWELL BANKER REAL ESTATE GROUP
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50185323
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