2904 7th StreetMonroeWI53566
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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
Rental property for sale in Monroe at 2904 7th Street, Monroe, WI, 53566 generates $2,512/mo in rent and, after a $1,439/mo payment, leaves $539/mo in cash flow. Total monthly income is $2,512/mo, and annual cash flow is $6,467/yr on $97,461 invested. Return on cash invested sits at 26.54% in year one, and rental yield is 10.25% on a $294,000 entry. Equity gained on principal adds $1,897/yr, while 5% annual appreciation builds toward $81,227 over five years. Five-year ROI reaches 139.11% and total cumulative return in cash sums $135,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,512/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
9,147 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: Jeffrey Conway • First Weber Hedeman Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1991055
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.