1207 Academy StreetElroyWI53929
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 Elroy at 1207 Academy Street, Elroy, WI, 53929 uses $65,969 cash to close to unlock $7,362/yr annual cash flow and $613/mo monthly cash flow. Total monthly income runs $1,949/mo, and a $974/mo payment keeps the spread at $613/mo. Purchase price stands at $199,000, and rental yield measures 11.75% with $1,949/mo rent. Return on cash invested shows 31.07% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 163.41% and total cumulative return in cash records $107,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,949/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices