Multi-Family / Income Property
Northern Wisconsin Income Property for Sale
Income property is property bought or developed to earn income through renting, leasing or price appreciation. Income property can be residential or commercial. Residential income property is commonly referred to as “non-owner occupied”.
Income property is an investment. You attempt to derive an income from the asset for a certain period of time prior to capitalizing on a sale. Although income may be derived immediately, the final return on the project may not be known until it is sold in the distant future. In fact, in many projects the bulk of the investment return is tied to the future sales value.
An investment property is a property bought to earn income. Keep in mind that while there are many advantages of investing in real estate, there are also significant risk factors to consider.
Agent Ty Wiley
Agent Ty Wiley
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Information provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Sold price derived from transfer tax shown on deed, other factors may influence actual sale price. Data relating to real estate on this web site comes in part from the Internet Data Exchange program of the NWW MLS. Information provided by seller, listing broker and other parties may not have been verified. Data is useveral times per 24 hours. Some properties on this web site may have sold and may no longer be available.
Property investment consider the sale of the property in their profit calculations. A speculator though, is attempting to cash in quickly on a bump in the projects capital value. For income property, the primary concern is that the income generated is sufficient to cover the expenses and provide some profit. Here you need to speculate on future values, but you have the ability to wait out negative market swings.