113 South Main StreetElroyWI53929
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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 Elroy at 113 South Main Street, Elroy, WI, 53929 priced at $105,000 pairs $840/mo rent with $135/mo cash flow after a $514/mo payment. Total monthly income equals $840/mo, and annual cash flow comes to $1,623/yr on $34,808 invested. Return on cash invested is 24.57% in year one, and rental yield stands at 9.6% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 128.63% and total cumulative return in cash reaches $44,774. For financing, Ziffy Mortgage’s DSCR program evaluates $840/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1865
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
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Listed by: Terra Beaver • Fathom Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1990946
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.