119 Evarts StreetBellevilleWI53508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belleville at 119 Evarts Street, Belleville, WI, 53508 offers $2,474/mo rent that, after a $1,468/mo payment, leaves $461/mo cash flow. Total monthly income is $2,474/mo, and annual cash flow is $5,534/yr on $99,417 cash. Return on cash invested measures 25.48% in year one, and rental yield stands at 9.9% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 133.42% and total cumulative return in cash reaches $132,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,474/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53508, Belleville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,394 (100%) |
| Owner Occupied HU | 1,939 (81.0%) |
| Renter Occupied HU | 382 (16.0%) |
| Vacant Housing Units | 73 ( 3.0%) |
| Median Home Value | $396,429 |
| Average Home Value | $432,486 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,300
Multi-Family
70
Businesses
143
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Listed by: Becca Mauch • Compass Real Estate Wisconsin
Mls Name: WIREX MLS
Mls ID: #2007704