219 2nd StreetNew GlarusWI53574
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
Rental property for sale in New Glarus at 219 2nd Street, New Glarus, WI, 53574 priced at $489,000 pairs $4,106/mo rent with $825/mo cash flow after a $2,393/mo payment. Total monthly income equals $4,106/mo, and annual cash flow comes to $9,896/yr on $162,104 invested. Return on cash invested is 26.01% in year one, and rental yield stands at 10.08% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 136.26% and total cumulative return in cash reaches $220,882. For financing, Ziffy Mortgage’s DSCR program evaluates $4,106/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53574, New Glarus, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,719 (100%) |
| Owner Occupied HU | 1,338 (77.8%) |
| Renter Occupied HU | 283 (16.5%) |
| Vacant Housing Units | 98 ( 5.7%) |
| Median Home Value | $345,695 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,281
Multi-Family
143
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lexie Harris • EXIT Professional Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997239
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.