23497 Elm StreetIndependenceWI54747
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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 Independence at 23497 Elm Street, Independence, WI, 54747 offers a 5.49% rental yield on a $340,000 purchase with $1,556/mo rent. 18% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 62.12% and total cumulative return in cash at $70,014. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,556/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54747, Independence, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 750 (62.2%) |
| Renter Occupied HU | 312 (25.9%) |
| Vacant Housing Units | 143 (11.9%) |
| Median Home Value | $248,969 |
| Average Home Value | $357,957 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
930
Multi-Family
89
Businesses
42
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Listed by: Dawn Toraason • Edina Realty, Inc. - Chippewa Valley
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589147
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