213 South Water STREET, Norwalk, WI, 54648 | $341/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Norwalk at 213 South Water STREET, Norwalk, WI, 54648 priced at $175,000 converts $1,516/mo rent into $341/mo cash flow after a $857/mo obligation. Total monthly income equals $1,516/mo, and annual cash flow totals $4,093/yr on $58,013 invested. Return on cash invested prints 26.96% in year one, and rental yield reads 10.4% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 141.46% and total cumulative return in cash sums $82,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,516/mo property income covering a $857/mo payment, not borrower’s personal income.

Single Family

Built in 1900

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