126 Palisade CourtMerrimacWI53561
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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
Rental property for sale in Merrimac at 126 Palisade Court, Merrimac, WI, 53561 priced at $750,000 pairs $1,397/mo rent with after a $3,671/mo payment. Total monthly income equals $1,397/mo. Return on cash invested is 2.23% in year one, and rental yield stands at 2.24% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 8.78% and total cumulative return in cash reaches $21,654. For financing, Ziffy Mortgage’s DSCR program evaluates $1,397/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.33 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53561, Merrimac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,282 (100%) |
| Owner Occupied HU | 766 (59.8%) |
| Renter Occupied HU | 106 ( 8.3%) |
| Vacant Housing Units | 410 (32.0%) |
| Median Home Value | $468,293 |
| Average Home Value | $532,027 |
Housing Distribution
Address Breakdown
Residential
997
Single Family
997
Multi-Family
0
Businesses
39
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Listed by: Heidi Nemitz • Gavin Brothers Auctioneers LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995573
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.