150 Bindl DriveReedsburgWI53959
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 Reedsburg at 150 Bindl Drive, Reedsburg, WI, 53959 priced at $300,000 converts $2,482/mo rent into $469/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,482/mo, and annual cash flow totals $5,628/yr on $99,450 invested. Return on cash invested prints 25.57% in year one, and rental yield reads 9.93% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 133.86% and total cumulative return in cash sums $133,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,482/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1998
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53959, Reedsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,383 (100%) |
| Owner Occupied HU | 4,122 (64.6%) |
| Renter Occupied HU | 1,830 (28.7%) |
| Vacant Housing Units | 431 ( 6.8%) |
| Median Home Value | $292,890 |
| Average Home Value | $362,179 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,567
Multi-Family
700
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices