209 Lake AvenueMontelloWI53949
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
Investment property for sale in Montello at 209 Lake Avenue, Montello, WI, 53949 with 5% annual appreciation on a $375,000 basis while $3,430/mo rent supports operations. Total monthly income totals $3,430/mo and a $1,835/mo payment preserves $914/mo for cash returns. Annual cash flow comes to $10,965/yr on $124,313 deployed, and return on cash invested reaches 28.73% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 10.98%. Five-year ROI measures 150.82% and total cumulative return in cash totals $187,491.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,430/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53949, Montello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 2,424 (56.5%) |
| Renter Occupied HU | 529 (12.3%) |
| Vacant Housing Units | 1,338 (31.2%) |
| Median Home Value | $254,773 |
| Average Home Value | $292,739 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
2,995
Multi-Family
46
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices