1200 River Road #105SpartaWI54656
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
Investment property for sale in Sparta at 1200 River Road #105, Sparta, WI, 54656 uses $34,808 cash to close to unlock $18,183/yr annual cash flow and $1,515/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $514/mo payment keeps the spread at $1,515/mo. Purchase price stands at $105,000, and rental yield measures 25.37% with $2,220/mo rent. Return on cash invested shows 72.15% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 383.78% and total cumulative return in cash records $133,586. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $514/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54656, Sparta, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,833 (100%) |
| Owner Occupied HU | 5,191 (66.3%) |
| Renter Occupied HU | 2,189 (27.9%) |
| Vacant Housing Units | 453 ( 5.8%) |
| Median Home Value | $242,815 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
7,665
Single Family
7,334
Multi-Family
331
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
