156 Spring STREET #2BelgiumWI53004
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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 Belgium at 156 Spring STREET #2, Belgium, WI, 53004 with 5% annual appreciation on a $241,500 basis while $2,378/mo rent supports operations. Total monthly income totals $2,378/mo and a $1,182/mo payment preserves $757/mo for cash returns. Annual cash flow comes to $9,087/yr on $80,057 deployed, and return on cash invested reaches 31.26% in year one. Equity gained on principal adds $1,558/yr, and five-year appreciation sums $66,722 alongside rental yield of 11.82%. Five-year ROI measures 164.44% and total cumulative return in cash totals $131,645.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,378/mo property income versus a $1,182/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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