222 Grove StreetRidgewayWI53582
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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 Ridgeway at 222 Grove Street, Ridgeway, WI, 53582 priced at $460,000 pairs $2,393/mo rent with after a $2,251/mo payment. Total monthly income equals $2,393/mo. Return on cash invested is 14.45% in year one, and rental yield stands at 6.24% on a $460,000 basis. Equity gained on principal adds $2,968/yr, and 5% annual appreciation accumulates to $127,090 by year five. Five-year ROI measures 74.26% and total cumulative return in cash reaches $113,245. For financing, Ziffy Mortgage’s DSCR program evaluates $2,393/mo property income against a $2,251/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53582, Ridgeway, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 535 (100%) |
| Owner Occupied HU | 396 (74.0%) |
| Renter Occupied HU | 96 (17.9%) |
| Vacant Housing Units | 43 ( 8.0%) |
| Median Home Value | $358,621 |
| Average Home Value | $427,771 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
466
Multi-Family
8
Businesses
22
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