119 North 2nd StreetEvansvilleWI53536
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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
Investment property for sale in Evansville at 119 North 2nd Street, Evansville, WI, 53536 offers a 6.85% rental yield on a $314,900 purchase with $1,798/mo rent. 29% in year one. Equity gained on principal adds $2,032/yr while 5% annual appreciation supports $87,001 over five years. Portfolio math shows five-year ROI at 84.09% and total cumulative return in cash at $87,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,798/mo property income against a $1,541/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1892
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53536, Evansville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,838 (100%) |
| Owner Occupied HU | 2,877 (75.0%) |
| Renter Occupied HU | 840 (21.9%) |
| Vacant Housing Units | 121 ( 3.2%) |
| Median Home Value | $321,908 |
| Average Home Value | $355,177 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
3,570
Multi-Family
200
Businesses
238
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Listed by: Idalia Winger • Berg Realty
Mls Name: WIREX MLS
Mls ID: #2013582