230 South Main StreetElmwoodWI54740
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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 Elmwood at 230 South Main Street, Elmwood, WI, 54740 priced at $180,000 converts $1,367/mo rent into $159/mo cash flow after a $881/mo obligation. Total monthly income equals $1,367/mo, and annual cash flow totals $1,908/yr on $59,670 invested. Return on cash invested prints 23.11% in year one, and rental yield reads 9.11% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 120.67% and total cumulative return in cash sums $72,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,367/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1909
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54740, Elmwood, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 677 (73.2%) |
| Renter Occupied HU | 171 (18.5%) |
| Vacant Housing Units | 77 ( 8.3%) |
| Median Home Value | $281,329 |
| Average Home Value | $334,775 |
Housing Distribution
Address Breakdown
Residential
859
Single Family
802
Multi-Family
57
Businesses
45
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