202 3rd AvenueMilltownWI54858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Milltown at 202 3rd Avenue, Milltown, WI, 54858 priced at $285,000 pairs $1,938/mo rent with $25/mo cash flow after a $1,395/mo payment. Total monthly income equals $1,938/mo, and annual cash flow comes to $303/yr on $94,478 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 8.16% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 105.29% and total cumulative return in cash reaches $99,474. For financing, Ziffy Mortgage’s DSCR program evaluates $1,938/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54858, Milltown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 617 (56.9%) |
| Renter Occupied HU | 181 (16.7%) |
| Vacant Housing Units | 286 (26.4%) |
| Median Home Value | $292,992 |
| Average Home Value | $382,318 |
Housing Distribution
Address Breakdown
Residential
720
Single Family
673
Multi-Family
47
Businesses
62
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Listed by: Michael Hilber • Re/Max Advantage Plus
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588179
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.