218 Chestnut StreetBelmontWI53510
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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 Belmont at 218 Chestnut Street, Belmont, WI, 53510 offers a 9.95% rental yield on a $239,900 purchase with $1,990/mo rent. Total monthly income registers $1,990/mo, and a $1,174/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,562/yr on $79,527 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 134.35% and total cumulative return in cash at $106,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,990/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53510, Belmont, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 705 (100%) |
| Owner Occupied HU | 503 (71.3%) |
| Renter Occupied HU | 165 (23.4%) |
| Vacant Housing Units | 37 ( 5.2%) |
| Median Home Value | $262,083 |
| Average Home Value | $339,324 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
496
Multi-Family
12
Businesses
47
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