302 East MAIN STREETSpencerWI54479
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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 Spencer at 302 East MAIN STREET, Spencer, WI, 54479 priced at $119,900 pairs $926/mo rent with $121/mo cash flow after a $587/mo payment. Total monthly income equals $926/mo, and annual cash flow comes to $1,454/yr on $39,747 invested. Return on cash invested is 23.57% in year one, and rental yield stands at 9.27% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 123.27% and total cumulative return in cash reaches $48,996. For financing, Ziffy Mortgage’s DSCR program evaluates $926/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1922
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54479, Spencer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,638 (100%) |
| Owner Occupied HU | 1,253 (76.5%) |
| Renter Occupied HU | 319 (19.5%) |
| Vacant Housing Units | 66 ( 4.0%) |
| Median Home Value | $218,706 |
| Average Home Value | $258,990 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,410
Multi-Family
66
Businesses
85
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Listed by: Benjamin Zawislan • CENTURY 21 GOLD KEY
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22500789
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.