18659 Ibeam 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 18659 Ibeam ROAD, Sparta, WI, 54656 uses $140,854 cash to close to unlock $4,021/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $3,187/mo, and a $2,080/mo payment keeps the spread at $335/mo. Purchase price stands at $424,900, and rental yield measures 9% with $3,187/mo rent. Return on cash invested shows 22.76% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 118.86% and total cumulative return in cash records $167,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,187/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.50 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: Joshua Lindner • Coulee Real Estate & Property Management LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914683
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.