1012 John STREETWest SalemWI54669
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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 West Salem at 1012 John STREET, West Salem, WI, 54669 offers $4,441/mo rent that, after a $3,304/mo payment. Total monthly income is $4,441/mo. Return on cash invested measures 19.58% in year one, and rental yield stands at 7.9% at a $675,000 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 101.72% and total cumulative return in cash reaches $225,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,441/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54669, West Salem, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,562 (100%) |
| Owner Occupied HU | 2,492 (70.0%) |
| Renter Occupied HU | 791 (22.2%) |
| Vacant Housing Units | 279 ( 7.8%) |
| Median Home Value | $340,584 |
| Average Home Value | $381,941 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,109
Multi-Family
233
Businesses
260
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Listed by: Michael Richgels • RE/MAX Results
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1918146
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved