17327 Igloo RoadSpartaWI54656
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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 Sparta at 17327 Igloo Road, Sparta, WI, 54656 uses $36,432 cash to close to unlock $1,528/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $865/mo, and a $538/mo payment keeps the spread at $127/mo. Purchase price stands at $109,900, and rental yield measures 9.44% with $865/mo rent. Return on cash invested shows 24.1% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 126.13% and total cumulative return in cash records $45,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $865/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1945
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54656, Sparta, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,833 (100%) |
| Owner Occupied HU | 5,191 (66.3%) |
| Renter Occupied HU | 2,189 (27.9%) |
| Vacant Housing Units | 453 ( 5.8%) |
| Median Home Value | $242,815 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
7,665
Single Family
7,334
Multi-Family
331
Businesses
527
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Listed by: Lori Love • VIP Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1991087
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.