1205 West Washington AVENUEClevelandWI53015
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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 Cleveland at 1205 West Washington AVENUE, Cleveland, WI, 53015 offers a 9.07% rental yield on a $250,000 purchase with $1,890/mo rent. Total monthly income registers $1,890/mo, and a $1,224/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,542/yr on $82,875 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 119.98% and total cumulative return in cash at $99,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,890/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53015, Cleveland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 870 (79.0%) |
| Renter Occupied HU | 153 (13.9%) |
| Vacant Housing Units | 78 ( 7.1%) |
| Median Home Value | $275,556 |
| Average Home Value | $321,336 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
982
Multi-Family
13
Businesses
52
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