11567 South 1st StreetSolon SpringsWI54873
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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 Solon Springs at 11567 South 1st Street, Solon Springs, WI, 54873 generates $1,497/mo in rent and, after a $928/mo payment, leaves $225/mo in cash flow. Total monthly income is $1,497/mo, and annual cash flow is $2,697/yr on $62,819 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 9.48% on a $189,500 entry. Equity gained on principal adds $1,223/yr, while 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 126.57% and total cumulative return in cash sums $79,511. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,497/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54873, Solon Springs, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,847 (100%) |
| Owner Occupied HU | 1,240 (43.6%) |
| Renter Occupied HU | 217 ( 7.6%) |
| Vacant Housing Units | 1,390 (48.8%) |
| Median Home Value | $285,971 |
| Average Home Value | $331,042 |
Housing Distribution
Address Breakdown
Residential
1,611
Single Family
1,588
Multi-Family
23
Businesses
82
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Listed by: Kari Moyer • Coldwell Banker Realty Spooner
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589436
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.