1010 Mills StreetBlack EarthWI53515
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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 Black Earth at 1010 Mills Street, Black Earth, WI, 53515 offers $2,030/mo rent that, after a $3,083/mo payment. Total monthly income is $2,030/mo. Return on cash invested measures 7.34% in year one, and rental yield stands at 3.87% at a $629,900 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,030 by year five. Five-year ROI records 36.08% and total cumulative return in cash reaches $74,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,030/mo property income versus a $3,083/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1912
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53515, Black Earth, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 839 (76.2%) |
| Renter Occupied HU | 223 (20.3%) |
| Vacant Housing Units | 39 ( 3.5%) |
| Median Home Value | $484,451 |
| Average Home Value | $509,669 |
Housing Distribution
Address Breakdown
Residential
1,029
Single Family
1,001
Multi-Family
28
Businesses
65
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Listed by: Shawn Stampfli • Keller Williams Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997592
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.