1059 Armida CourtReedsburgWI53959
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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 Reedsburg at 1059 Armida Court, Reedsburg, WI, 53959 priced at $359,000 converts $2,160/mo rent into after a $1,757/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 17.19% in year one, and rental yield reads 7.22% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 89.05% and total cumulative return in cash sums $105,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53959, Reedsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,383 (100%) |
| Owner Occupied HU | 4,122 (64.6%) |
| Renter Occupied HU | 1,830 (28.7%) |
| Vacant Housing Units | 431 ( 6.8%) |
| Median Home Value | $292,890 |
| Average Home Value | $362,179 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,567
Multi-Family
700
Businesses
477
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Listed by: David Vander Schaaf • Century 21 Affiliated
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1990124
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.