210 East Merrimac StreetDodgevilleWI53533
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 Dodgeville at 210 East Merrimac Street, Dodgeville, WI, 53533 offers a 11.13% rental yield on a $225,000 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $1,101/mo payment leaves $577/mo available for distribution. Annual cash flow reaches $6,927/yr on $74,588 to close, and return on cash invested stands at 29.2% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 153.38% and total cumulative return in cash at $114,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53533, Dodgeville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,378 (100%) |
| Owner Occupied HU | 2,233 (66.1%) |
| Renter Occupied HU | 905 (26.8%) |
| Vacant Housing Units | 240 ( 7.1%) |
| Median Home Value | $270,093 |
| Average Home Value | $328,080 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
2,961
Multi-Family
204
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Moriva • EXP Realty, LLC
Mls Name: WIREX MLS
Mls ID: #2012130