202 East AVENUEIron RidgeWI53035
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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 Iron Ridge at 202 East AVENUE, Iron Ridge, WI, 53035 with 5% annual appreciation on a $319,900 basis while $2,444/mo rent supports operations. Total monthly income totals $2,444/mo and a $1,566/mo payment preserves $297/mo for cash returns. Annual cash flow comes to $3,562/yr on $106,047 deployed, and return on cash invested reaches 23.27% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 9.17%. Five-year ROI measures 121.55% and total cumulative return in cash totals $128,900.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,444/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53035, Iron Ridge, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 838 (79.8%) |
| Renter Occupied HU | 154 (14.7%) |
| Vacant Housing Units | 58 ( 5.5%) |
| Median Home Value | $304,813 |
| Average Home Value | $364,156 |
Housing Distribution
Address Breakdown
Residential
903
Single Family
896
Multi-Family
7
Businesses
32
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Listed by: Amy Hopfinger & Co. Team* • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls ID: #1942046