256 South Lexington StreetSpring GreenWI53588
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 Spring Green at 256 South Lexington Street, Spring Green, WI, 53588 priced at $335,000 pairs $2,321/mo rent with $72/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,321/mo, and annual cash flow comes to $869/yr on $111,053 invested. Return on cash invested is 20.69% in year one, and rental yield stands at 8.31% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 107.73% and total cumulative return in cash reaches $119,636. For financing, Ziffy Mortgage’s DSCR program evaluates $2,321/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53588, Spring Green, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,068 (100%) |
| Owner Occupied HU | 1,492 (72.1%) |
| Renter Occupied HU | 328 (15.9%) |
| Vacant Housing Units | 248 (12.0%) |
| Median Home Value | $351,393 |
| Average Home Value | $479,020 |
Housing Distribution
Address Breakdown
Residential
1,739
Single Family
1,694
Multi-Family
45
Businesses
214
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Nearby investment properties with comparable prices
Listed by: Ted Greenheck • Driftless Area LLC
Mls Name: WIREX MLS
Mls ID: #2001378