W5645 Tannery DrMerrillWI54452
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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 Merrill at W5645 Tannery Dr, Merrill, WI, 54452 generates $1,886/mo in rent and, after a $636/mo payment, leaves $1,014/mo in cash flow. Total monthly income is $1,886/mo, and annual cash flow is $12,166/yr on $43,095 invested. Return on cash invested sits at 48.14% in year one, and rental yield is 17.41% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 254.9% and total cumulative return in cash sums $109,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54452, Merrill, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,940 (100%) |
| Owner Occupied HU | 6,031 (67.5%) |
| Renter Occupied HU | 2,145 (24.0%) |
| Vacant Housing Units | 764 ( 8.5%) |
| Median Home Value | $208,241 |
| Average Home Value | $249,639 |
Housing Distribution
Address Breakdown
Residential
8,454
Single Family
7,841
Multi-Family
613
Businesses
572
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Listed by: JACKIE LEONHARD TEAM • NORTHWOODS COMMUNITY REALTY, LLC
Mls Name: GNMLS
Mls Provider:
Mls ID: #212596
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.