240 Modern AvenueReedsburgWI53959
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
Rental property for sale in Reedsburg at 240 Modern Avenue, Reedsburg, WI, 53959 priced at $264,800 pairs $2,638/mo rent with $861/mo cash flow after a $1,296/mo payment. Total monthly income equals $2,638/mo, and annual cash flow comes to $10,331/yr on $87,781 invested. Return on cash invested is 31.68% in year one, and rental yield stands at 11.95% on a $264,800 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,159 by year five. Five-year ROI measures 166.63% and total cumulative return in cash reaches $146,268. For financing, Ziffy Mortgage’s DSCR program evaluates $2,638/mo property income against a $1,296/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53959, Reedsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,383 (100%) |
| Owner Occupied HU | 4,122 (64.6%) |
| Renter Occupied HU | 1,830 (28.7%) |
| Vacant Housing Units | 431 ( 6.8%) |
| Median Home Value | $292,890 |
| Average Home Value | $362,179 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,567
Multi-Family
700
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Alibrando • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992314
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.