219 West 6th StreetRichland CenterWI53581
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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 Richland Center at 219 West 6th Street, Richland Center, WI, 53581 offers $991/mo rent that, after a $803/mo payment. Total monthly income is $991/mo. Return on cash invested measures 17.48% in year one, and rental yield stands at 7.25% at a $164,000 entry. Equity gained on principal adds $1,058/yr while 5% annual appreciation compounds into $45,310 by year five. Five-year ROI records 90.63% and total cumulative return in cash reaches $49,269. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $991/mo property income versus a $803/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53581, Richland Center, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,715 (100%) |
| Owner Occupied HU | 2,813 (59.7%) |
| Renter Occupied HU | 1,232 (26.1%) |
| Vacant Housing Units | 670 (14.2%) |
| Median Home Value | $230,147 |
| Average Home Value | $318,127 |
Housing Distribution
Address Breakdown
Residential
4,347
Single Family
3,943
Multi-Family
404
Businesses
418
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Listed by: Jerry Beranek • Century 21 Complete Serv Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997483
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.