2216 Edgeview DriveMonroeWI53566
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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 Monroe at 2216 Edgeview Drive, Monroe, WI, 53566 uses $36,465 cash to close to unlock $1,382/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $853/mo, and a $538/mo payment keeps the spread at $115/mo. Purchase price stands at $110,000, and rental yield measures 9.31% with $853/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124% and total cumulative return in cash records $45,216. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $853/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
435.60 sqft 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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