122 Hillside CircleNew GlarusWI53574
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 New Glarus at 122 Hillside Circle, New Glarus, WI, 53574 offers $3,076/mo rent that, after a $2,056/mo payment, leaves $257/mo cash flow. Total monthly income is $3,076/mo, and annual cash flow is $3,084/yr on $139,230 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 8.79% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 115.39% and total cumulative return in cash reaches $160,663. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,076/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53574, New Glarus, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,719 (100%) |
| Owner Occupied HU | 1,338 (77.8%) |
| Renter Occupied HU | 283 (16.5%) |
| Vacant Housing Units | 98 ( 5.7%) |
| Median Home Value | $345,695 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,281
Multi-Family
143
Businesses
150
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Listed by: Kristin Shields • MHB Real Estate
Mls Name: WIREX MLS
Mls ID: #2012464