111 Old Darlington ROADMineral PointWI53565
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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 Mineral Point at 111 Old Darlington ROAD, Mineral Point, WI, 53565 priced at $699,000 converts $3,053/mo rent into after a $3,421/mo obligation. Total monthly income equals $3,053/mo. Return on cash invested prints 11.51% in year one, and rental yield reads 5.24% against a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation compiles into $193,121 by year five. Five-year ROI reaches 58.49% and total cumulative return in cash sums $134,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,053/mo property income covering a $3,421/mo payment, not borrower’s personal income.
Single Family
Built in 1996
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53565, Mineral Point, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,278 (100%) |
| Owner Occupied HU | 1,586 (69.6%) |
| Renter Occupied HU | 500 (21.9%) |
| Vacant Housing Units | 192 ( 8.4%) |
| Median Home Value | $289,030 |
| Average Home Value | $369,721 |
Housing Distribution
Address Breakdown
Residential
2,099
Single Family
2,019
Multi-Family
80
Businesses
189
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Listed by: Kyla Martensen • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls ID: #1932944