2239 Tallgrass Court UNIT 16BeloitWI53511
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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 Beloit at 2239 Tallgrass Court UNIT 16, Beloit, WI, 53511 offers a 9.64% rental yield on a $154,900 purchase with $1,244/mo rent. Total monthly income registers $1,244/mo, and a $758/mo payment leaves $55/mo available for distribution. Annual cash flow reaches $655/yr on $51,349 to close, and return on cash invested stands at 21.18% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 111.7% and total cumulative return in cash at $57,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,244/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$150 monthly HOA
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Listed by: Brian Lawton • EXIT Realty HGM
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1993278
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