1107 Jefferson AvenueSpartaWI54656
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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 Sparta at 1107 Jefferson Avenue, Sparta, WI, 54656 priced at $297,000 converts $2,237/mo rent into $243/mo cash flow after a $1,454/mo obligation. Total monthly income equals $2,237/mo, and annual cash flow totals $2,921/yr on $98,456 invested. Return on cash invested prints 22.88% in year one, and rental yield reads 9.04% against a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation compiles into $82,056 by year five. Five-year ROI reaches 119.45% and total cumulative return in cash sums $117,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,237/mo property income covering a $1,454/mo payment, not borrower’s personal income.
Single Family
Built in 1993
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54656, Sparta, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,833 (100%) |
| Owner Occupied HU | 5,191 (66.3%) |
| Renter Occupied HU | 2,189 (27.9%) |
| Vacant Housing Units | 453 ( 5.8%) |
| Median Home Value | $242,815 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
7,665
Single Family
7,334
Multi-Family
331
Businesses
527
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Listed by: Lori Love • VIP Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995546
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.