122 Highland AVENUEIron RidgeWI53035
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 Iron Ridge at 122 Highland AVENUE, Iron Ridge, WI, 53035 priced at $195,000 converts $1,228/mo rent into after a $954/mo obligation. Total monthly income equals $1,228/mo. Return on cash invested prints 18.42% in year one, and rental yield reads 7.56% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 95.54% and total cumulative return in cash sums $61,762. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,228/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53035, Iron Ridge, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 838 (79.8%) |
| Renter Occupied HU | 154 (14.7%) |
| Vacant Housing Units | 58 ( 5.5%) |
| Median Home Value | $304,813 |
| Average Home Value | $364,156 |
Housing Distribution
Address Breakdown
Residential
903
Single Family
896
Multi-Family
7
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Schulteis • Allied Realty Group LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1894006
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.