220 North Court STREETSpartaWI54656
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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 Sparta at 220 North Court STREET, Sparta, WI, 54656 generates $1,817/mo in rent and, after a $1,077/mo payment, leaves $340/mo in cash flow. Total monthly income is $1,817/mo, and annual cash flow is $4,084/yr on $72,930 invested. Return on cash invested sits at 25.51% in year one, and rental yield is 9.91% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 133.61% and total cumulative return in cash sums $97,439. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,817/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54656, Sparta, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,833 (100%) |
| Owner Occupied HU | 5,191 (66.3%) |
| Renter Occupied HU | 2,189 (27.9%) |
| Vacant Housing Units | 453 ( 5.8%) |
| Median Home Value | $242,815 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
7,665
Single Family
7,334
Multi-Family
331
Businesses
527
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Listed by: Tara Jaeger-Olson • Coldwell Banker River Valley, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1906365
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