156 Spring STREET #2BelgiumWI53004
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 156 Spring STREET #2, Belgium, WI, 53004 in Belgium deserves attention. This $241,500 property earns $2,378/mo in rent, a 11.82% gross yield, and nets $758/mo after the $1,086/mo payment. DSCR 2.19 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $66,722 compounds alongside $2,224/yr in yearly equity build, for a total cumulative return of $140,886.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $758 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,378 |
| Total Monthly Debt Service | $1,525 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53004, Belgium, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,522 (100%) |
| Owner Occupied HU | 1,188 (78.1%) |
| Renter Occupied HU | 248 (16.3%) |
| Vacant Housing Units | 86 ( 5.7%) |
| Median Home Value | $370,385 |
| Average Home Value | $442,172 |
Housing Distribution
Address Breakdown
Residential
1,414
Single Family
1,375
Multi-Family
39
Businesses
95
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
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53004, Belgium, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,522 (100%) |
| Owner Occupied HU | 1,188 (78.1%) |
| Renter Occupied HU | 248 (16.3%) |
| Vacant Housing Units | 86 ( 5.7%) |
| Median Home Value | $370,385 |
| Average Home Value | $442,172 |
Housing Distribution
Address Breakdown
Residential
1,414
Single Family
1,375
Multi-Family
39
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
