202 Franklin StreetElroyWI53929
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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 Elroy at 202 Franklin Street, Elroy, WI, 53929 offers a 15.65% rental yield on a $154,500 purchase with $2,015/mo rent. Total monthly income registers $2,015/mo, and a $756/mo payment leaves $902/mo available for distribution. Annual cash flow reaches $10,827/yr on $51,217 to close, and return on cash invested stands at 41.05% in year one. Equity gained on principal adds $997/yr while 5% annual appreciation supports $42,686 over five years. Portfolio math shows five-year ROI at 217.62% and total cumulative return in cash at $111,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,015/mo property income against a $756/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
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