2 North Main 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 2 North Main Street, Mayville, WI, 53050 earns from $1,248/mo rent with a $1,067/mo payment. Total monthly income totals $1,248/mo. ROI tracks 16.34% on current figures, and rental yield reads 6.87% at a $218,000 purchase. Equity gained on principal adds $1,407/yr, and 5% annual appreciation supports $60,229 over five years. Five-year ROI reaches 84.38% and total cumulative return in cash sums $60,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,248/mo property income instead of your personal income.
Multi Family
Built in 1915
1,742 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: Scott Schroeder • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1942742
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.