109 Ridge DriveMount HorebWI53572
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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 Mount Horeb at 109 Ridge Drive, Mount Horeb, WI, 53572 offers $2,040/mo rent that, after a $1,419/mo payment, leaves $94/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $1,132/yr on $96,102 cash. Return on cash invested measures 21.09% in year one, and rental yield stands at 8.44% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 109.87% and total cumulative return in cash reaches $105,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1963
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53572, Mount Horeb, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,449 (100%) |
| Owner Occupied HU | 3,216 (72.3%) |
| Renter Occupied HU | 1,070 (24.1%) |
| Vacant Housing Units | 163 ( 3.7%) |
| Median Home Value | $457,125 |
| Average Home Value | $506,480 |
Housing Distribution
Address Breakdown
Residential
4,450
Single Family
3,943
Multi-Family
507
Businesses
360
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Listed by: Carlos Saavedra • Real Broker LLC
Mls Name: WIREX MLS
Mls ID: #2006393