23923 Washington StreetIndependenceWI54747




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
Investment property for sale in Independence at 23923 Washington Street, Independence, WI, 54747 offers a 13.25% rental yield on a $155,000 purchase with $1,712/mo rent. Total monthly income registers $1,712/mo, and a $759/mo payment leaves $671/mo available for distribution. Annual cash flow reaches $8,057/yr on $51,383 to close, and return on cash invested stands at 35.59% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 187.68% and total cumulative return in cash at $96,436. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,712/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,144 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Jamie Back • Hansen Real Estate Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1591794
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved








