1600 St Lukes AvenuePlainWI53577
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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 Plain at 1600 St Lukes Avenue, Plain, WI, 53577 uses $99,417 cash to close to unlock $4,514/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $2,389/mo, and a $1,468/mo payment keeps the spread at $376/mo. Purchase price stands at $299,900, and rental yield measures 9.56% with $2,389/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 127.91% and total cumulative return in cash records $127,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,389/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1973
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53577, Plain, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 465 (76.9%) |
| Renter Occupied HU | 89 (14.7%) |
| Vacant Housing Units | 51 ( 8.4%) |
| Median Home Value | $425,789 |
| Average Home Value | $490,919 |
Housing Distribution
Address Breakdown
Residential
469
Single Family
449
Multi-Family
20
Businesses
36
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Listed by: Cassy Landes • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1987694
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.