1031 William AVENUEWest 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 1031 William AVENUE, West Salem, WI, 54669 priced at $549,900 converts $2,390/mo rent into after a $2,691/mo obligation. Total monthly income equals $2,390/mo. Return on cash invested prints 11.44% in year one, and rental yield reads 5.22% against a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation compiles into $151,927 by year five. Five-year ROI reaches 58.1% and total cumulative return in cash sums $105,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,390/mo property income covering a $2,691/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.28 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: Jessica Sands • RE/MAX Results
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911918
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.