106 Main StreetMontelloWI53949
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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 Montello at 106 Main Street, Montello, WI, 53949 generates $1,255/mo in rent and, after a $808/mo payment, leaves $147/mo in cash flow. Total monthly income is $1,255/mo, and annual cash flow is $1,767/yr on $54,698 invested. Return on cash invested sits at 23.14% in year one, and rental yield is 9.13% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash sums $66,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,255/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53949, Montello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 2,424 (56.5%) |
| Renter Occupied HU | 529 (12.3%) |
| Vacant Housing Units | 1,338 (31.2%) |
| Median Home Value | $254,773 |
| Average Home Value | $292,739 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
2,995
Multi-Family
46
Businesses
172
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Listed by: Stephanie Payne • Keller Williams Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1984130
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.