W8346 Martin LaneMerrillanWI54754
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 Merrillan at W8346 Martin Lane, Merrillan, WI, 54754 offers $1,166/mo rent that, after a $734/mo payment, leaves $160/mo cash flow. Total monthly income is $1,166/mo, and annual cash flow is $1,916/yr on $49,692 cash. Return on cash invested measures 23.77% in year one, and rental yield stands at 9.33% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 124.24% and total cumulative return in cash reaches $61,739. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,166/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54754, Merrillan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 592 (52.5%) |
| Renter Occupied HU | 157 (13.9%) |
| Vacant Housing Units | 378 (33.5%) |
| Median Home Value | $226,515 |
| Average Home Value | $306,406 |
Housing Distribution
Address Breakdown
Residential
783
Single Family
750
Multi-Family
33
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Sheila Johnson • Homestead Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588001
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.