218 East Clark StreetAlma CenterWI54611
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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 Alma Center at 218 East Clark Street, Alma Center, WI, 54611 generates $834/mo in rent and, after a $582/mo payment, leaves $36/mo in cash flow. Total monthly income is $834/mo, and annual cash flow is $430/yr on $39,449 invested. Return on cash invested sits at 21% in year one, and rental yield is 8.41% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 109.37% and total cumulative return in cash sums $43,145. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $834/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54611, Alma Center, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 496 (100%) |
| Owner Occupied HU | 327 (65.9%) |
| Renter Occupied HU | 94 (19.0%) |
| Vacant Housing Units | 75 (15.1%) |
| Median Home Value | $245,395 |
| Average Home Value | $287,217 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
433
Multi-Family
14
Businesses
21
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Listed by: Beth Darst • Open Gate Real Estate
Mls Name: WIREX MLS
Mls ID: #1595931