255 NW 3rd 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 255 NW 3rd Avenue, Monroe, WI, 53566 with 5% annual appreciation on a $334,900 basis while $1,134/mo rent supports operations. 87% in year one. Equity gained on principal adds $2,161/yr, and five-year appreciation sums $92,527 alongside rental yield of 4.06%. Five-year ROI measures 39% and total cumulative return in cash totals $43,297. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,134/mo property income versus a $1,639/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2024
4,791 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: Carol Stamm • First Weber Hedeman Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998968
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.