3005 Handel StreetBlack EarthWI53515
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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 Black Earth at 3005 Handel Street, Black Earth, WI, 53515 offers a 9.7% rental yield on a $550,000 purchase with $4,447/mo rent. Total monthly income registers $4,447/mo, and a $2,692/mo payment leaves $756/mo available for distribution. Annual cash flow reaches $9,070/yr on $180,950 to close, and return on cash invested stands at 25.07% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 131.19% and total cumulative return in cash at $237,382. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,447/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53515, Black Earth, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 839 (76.2%) |
| Renter Occupied HU | 223 (20.3%) |
| Vacant Housing Units | 39 ( 3.5%) |
| Median Home Value | $484,451 |
| Average Home Value | $509,669 |
Housing Distribution
Address Breakdown
Residential
1,029
Single Family
1,001
Multi-Family
28
Businesses
65
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Listed by: Shawn Stampfli • Keller Williams Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1991824
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.