2383 Prairie AveBeloitWI53511
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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 2383 Prairie Ave, Beloit, WI, 53511 offers a 9.88% rental yield on a $249,900 purchase with $2,058/mo rent. Total monthly income registers $2,058/mo, and a $1,223/mo payment leaves $381/mo available for distribution. Annual cash flow reaches $4,572/yr on $82,842 to close, and return on cash invested stands at 25.43% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 133.2% and total cumulative return in cash at $110,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,058/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Fidel Batres • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502742
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