228 North Penn StreetBelmontWI53510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belmont at 228 North Penn Street, Belmont, WI, 53510 generates $2,172/mo in rent and, after a $1,395/mo payment, leaves $259/mo in cash flow. Total monthly income is $2,172/mo, and annual cash flow is $3,111/yr on $94,478 invested. Return on cash invested sits at 23.2% in year one, and rental yield is 9.15% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 121.22% and total cumulative return in cash sums $114,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53510, Belmont, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 705 (100%) |
| Owner Occupied HU | 503 (71.3%) |
| Renter Occupied HU | 165 (23.4%) |
| Vacant Housing Units | 37 ( 5.2%) |
| Median Home Value | $262,083 |
| Average Home Value | $339,324 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
496
Multi-Family
12
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices