200 Mill St StreetMelroseWI54642
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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 Melrose at 200 Mill St Street, Melrose, WI, 54642 earns $50/mo cash flow from $2,332/mo rent with a $1,664/mo payment. Total monthly income totals $2,332/mo, and annual cash flow totals $604/yr on $112,710 capital. ROI tracks 20.44% on current figures, and rental yield reads 8.23% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 106.43% and total cumulative return in cash sums $119,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,332/mo property income instead of your personal income.
Single Family
Built in 1900
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54642, Melrose, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 624 (72.4%) |
| Renter Occupied HU | 160 (18.6%) |
| Vacant Housing Units | 78 ( 9.0%) |
| Median Home Value | $277,344 |
| Average Home Value | $351,470 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
821
Multi-Family
24
Businesses
44
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