303 North Summit StreetAlbanyWI53502
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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 Albany at 303 North Summit Street, Albany, WI, 53502 offers $2,262/mo rent that, after a $1,855/mo payment. Total monthly income is $2,262/mo. Return on cash invested measures 17.22% in year one, and rental yield stands at 7.16% at a $379,000 entry. Equity gained on principal adds $2,446/yr while 5% annual appreciation compounds into $104,711 by year five. Five-year ROI records 89.12% and total cumulative return in cash reaches $111,971. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,262/mo property income versus a $1,855/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53502, Albany, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 845 (72.5%) |
| Renter Occupied HU | 262 (22.5%) |
| Vacant Housing Units | 58 ( 5.0%) |
| Median Home Value | $280,357 |
| Average Home Value | $346,453 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
954
Multi-Family
42
Businesses
43
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