219 6th AvenueNew GlarusWI53574
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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 New Glarus at 219 6th Avenue, New Glarus, WI, 53574 uses $89,472 cash to close to unlock $6,620/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $2,363/mo, and a $1,321/mo payment keeps the spread at $552/mo. Purchase price stands at $269,900, and rental yield measures 10.51% with $2,363/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 143.22% and total cumulative return in cash records $128,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,363/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 1906
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
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Listed by: Dustin Laufenberg • MHB Real Estate
Mls Name: WIREX MLS
Mls ID: #2009228