1340 2nd StreetBruceWI54819
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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 Bruce at 1340 2nd Street, Bruce, WI, 54819 offers a 8.24% rental yield on a $264,900 purchase with $1,820/mo rent. Total monthly income registers $1,820/mo, and a $1,297/mo payment leaves $42/mo available for distribution. Annual cash flow reaches $501/yr on $87,814 to close, and return on cash invested stands at 20.48% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 106.6% and total cumulative return in cash at $93,608. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,820/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54819, Bruce, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,458 (100%) |
| Owner Occupied HU | 847 (58.1%) |
| Renter Occupied HU | 186 (12.8%) |
| Vacant Housing Units | 425 (29.1%) |
| Median Home Value | $208,894 |
| Average Home Value | $242,851 |
Housing Distribution
Address Breakdown
Residential
1,045
Single Family
1,045
Multi-Family
0
Businesses
53
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