1820 2nd AvenueMonroeWI53566
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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 Monroe at 1820 2nd Avenue, Monroe, WI, 53566 offers a 11.27% rental yield on a $249,900 purchase with $2,346/mo rent. Total monthly income registers $2,346/mo, and a $1,223/mo payment leaves $650/mo available for distribution. Annual cash flow reaches $7,798/yr on $82,842 to close, and return on cash invested stands at 29.32% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 154.1% and total cumulative return in cash at $127,658. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,346/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53566, Monroe, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,901 (100%) |
| Owner Occupied HU | 4,486 (65.0%) |
| Renter Occupied HU | 2,084 (30.2%) |
| Vacant Housing Units | 331 ( 4.8%) |
| Median Home Value | $237,660 |
| Average Home Value | $283,890 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
5,932
Multi-Family
942
Businesses
852
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Listed by: Jeffrey Conway • First Weber Hedeman Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1994923
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.