218 North 11th AvenueMonroeWI53566
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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 Monroe at 218 North 11th Avenue, Monroe, WI, 53566 generates $2,291/mo in rent and, after a $1,248/mo payment, leaves $580/mo in cash flow. Total monthly income is $2,291/mo, and annual cash flow is $6,959/yr on $84,499 invested. Return on cash invested sits at 28.14% in year one, and rental yield is 10.79% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 147.68% and total cumulative return in cash sums $124,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,291/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53566, Monroe, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,901 (100%) |
| Owner Occupied HU | 4,486 (65.0%) |
| Renter Occupied HU | 2,084 (30.2%) |
| Vacant Housing Units | 331 ( 4.8%) |
| Median Home Value | $237,660 |
| Average Home Value | $283,890 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
5,932
Multi-Family
942
Businesses
852
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