157 North German STREETMayvilleWI53050
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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 Mayville at 157 North German STREET, Mayville, WI, 53050 offers a 8.93% rental yield on a $270,000 purchase with $2,009/mo rent. Total monthly income registers $2,009/mo, and a $1,322/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,358/yr on $89,505 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 117.66% and total cumulative return in cash at $105,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,009/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53050, Mayville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,301 (70.9%) |
| Renter Occupied HU | 801 (24.7%) |
| Vacant Housing Units | 145 ( 4.5%) |
| Median Home Value | $259,915 |
| Average Home Value | $305,273 |
Housing Distribution
Address Breakdown
Residential
3,054
Single Family
2,818
Multi-Family
236
Businesses
246
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Listed by: K Team Realty Group* • Keller Williams Prestige
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1905607
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.