205 South Water StreetNorwalkWI54648
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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 Norwalk at 205 South Water Street, Norwalk, WI, 54648 uses $74,588 cash to close to unlock $1,659/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $1,101/mo payment keeps the spread at $138/mo. Purchase price stands at $225,000, and rental yield measures 8.79% with $1,648/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 115.5% and total cumulative return in cash records $86,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54648, Norwalk, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 699 (100%) |
| Owner Occupied HU | 511 (73.1%) |
| Renter Occupied HU | 111 (15.9%) |
| Vacant Housing Units | 77 (11.0%) |
| Median Home Value | $332,796 |
| Average Home Value | $375,499 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
575
Multi-Family
16
Businesses
28
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