215 North Main STREETReesevilleWI53579
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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
Investment property for sale in Reeseville at 215 North Main STREET, Reeseville, WI, 53579 uses $50,057 cash to close to unlock $2,048/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,184/mo, and a $739/mo payment keeps the spread at $171/mo. Purchase price stands at $151,000, and rental yield measures 9.41% with $1,184/mo rent. Return on cash invested shows 24% in year one, and 5% annual appreciation builds toward $41,719 over five years. Five-year ROI reaches 125.49% and total cumulative return in cash records $62,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,184/mo property income covering a $739/mo payment rather than investor’s personal income.
Single Family
Built in 1901
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53579, Reeseville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 852 (100%) |
| Owner Occupied HU | 649 (76.2%) |
| Renter Occupied HU | 157 (18.4%) |
| Vacant Housing Units | 46 ( 5.4%) |
| Median Home Value | $357,721 |
| Average Home Value | $431,317 |
Housing Distribution
Address Breakdown
Residential
529
Single Family
515
Multi-Family
14
Businesses
33
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Listed by: Carolyn Fox • NextHome Success-Ft Atkinson
Mls Name: WIREX MLS
Mls ID: #1947494