2303 16th AvenueMonroeWI53566
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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 2303 16th Avenue, Monroe, WI, 53566 listed at $150,000 pairs $1,168/mo rent with a $734/mo payment to leave $160/mo cash flow. Total monthly income runs $1,168/mo, and annual cash flow reaches $1,914/yr on $49,725 cash to close. Return on cash invested measures 23.76% in year one, and rental yield registers 9.34% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 124.22% and total cumulative return in cash totals $61,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,168/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1904
7,840 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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Listed by: Tonya Briggs • EXP Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995890
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.