213 North Fourth STREETPalmyraWI53156
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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
Rental property for sale in Palmyra at 213 North Fourth STREET, Palmyra, WI, 53156 offers $1,753/mo rent that, after a $1,208/mo payment, leaves $96/mo cash flow. Total monthly income is $1,753/mo, and annual cash flow is $1,158/yr on $81,847 cash. Return on cash invested measures 21.32% in year one, and rental yield stands at 8.52% at a $246,900 entry. Equity gained on principal adds $1,593/yr while 5% annual appreciation compounds into $68,214 by year five. Five-year ROI records 111.14% and total cumulative return in cash reaches $90,969. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,753/mo property income versus a $1,208/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53156, Palmyra, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,435 (100%) |
| Owner Occupied HU | 988 (68.9%) |
| Renter Occupied HU | 280 (19.5%) |
| Vacant Housing Units | 167 (11.6%) |
| Median Home Value | $345,509 |
| Average Home Value | $407,584 |
Housing Distribution
Address Breakdown
Residential
1,236
Single Family
1,144
Multi-Family
92
Businesses
89
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