217 Lincoln AVENUE NORTH NorthWest SalemWI54669
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 West Salem at 217 Lincoln AVENUE NORTH North, West Salem, WI, 54669 at $259,900 posts ROI 21.52% with $116/mo cash flow from $1,860/mo rent. Total monthly income equals $1,860/mo, and annual cash flow records $1,390/yr on $86,157 to close. Return on cash invested measures 21.52% and rental yield reads 8.59% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 112.16% and total cumulative return in cash totals $96,634.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,860/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54669, West Salem, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,562 (100%) |
| Owner Occupied HU | 2,492 (70.0%) |
| Renter Occupied HU | 791 (22.2%) |
| Vacant Housing Units | 279 ( 7.8%) |
| Median Home Value | $340,584 |
| Average Home Value | $381,941 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,109
Multi-Family
233
Businesses
260
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Listed by: Kassidy Taggart • Gerrard-Hoeschler, REALTORS
Mls Name: WIREX MLS
Mls ID: #1930057