101-103 West Garfield StreetMount HorebWI53572
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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 Mount Horeb at 101-103 West Garfield Street, Mount Horeb, WI, 53572 generates $2,040/mo in rent, after a $1,909/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 14.55% in year one, and rental yield is 6.28% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 74.79% and total cumulative return in cash sums $96,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Multi Family
Built in 1965
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53572, Mount Horeb, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,449 (100%) |
| Owner Occupied HU | 3,216 (72.3%) |
| Renter Occupied HU | 1,070 (24.1%) |
| Vacant Housing Units | 163 ( 3.7%) |
| Median Home Value | $457,125 |
| Average Home Value | $506,480 |
Housing Distribution
Address Breakdown
Residential
4,450
Single Family
3,943
Multi-Family
507
Businesses
360
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Listed by: Heidi Kopras • Restaino & Associates
Mls Name: WIREX MLS
Mls ID: #2015021