214 East AVENUEIron RidgeWI53035
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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 Iron Ridge at 214 East AVENUE, Iron Ridge, WI, 53035 generates $1,669/mo in rent and, after a $1,150/mo payment, leaves $92/mo in cash flow. Total monthly income is $1,669/mo, and annual cash flow is $1,105/yr on $77,903 invested. Return on cash invested sits at 21.33% in year one, and rental yield is 8.52% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 111.18% and total cumulative return in cash sums $86,608. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,669/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53035, Iron Ridge, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 838 (79.8%) |
| Renter Occupied HU | 154 (14.7%) |
| Vacant Housing Units | 58 ( 5.5%) |
| Median Home Value | $304,813 |
| Average Home Value | $364,156 |
Housing Distribution
Address Breakdown
Residential
903
Single Family
896
Multi-Family
7
Businesses
32
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Listed by: Joseph Schulteis • Allied Realty Group LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1907325
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.