W7604 Sleepy Eye 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
Rental property for sale in Minong at W7604 Sleepy Eye Rd, Minong, WI, 54859 priced at $349,900 pairs $954/mo rent with after a $1,713/mo payment. Total monthly income equals $954/mo. Return on cash invested is 5.48% in year one, and rental yield stands at 3.27% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 26.18% and total cumulative return in cash reaches $30,366. For financing, Ziffy Mortgage’s DSCR program evaluates $954/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
3 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: Megan Wilson • RE/MAX Results
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118766
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 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.