303 South Main StreetMontelloWI53949
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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 Montello at 303 South Main Street, Montello, WI, 53949 generates $2,294/mo in rent and, after a $1,052/mo payment, leaves $851/mo in cash flow. Total monthly income is $2,294/mo, and annual cash flow is $10,217/yr on $71,273 invested. Return on cash invested sits at 34.24% in year one, and rental yield is 12.8% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 180.41% and total cumulative return in cash sums $128,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,294/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53949, Montello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 2,424 (56.5%) |
| Renter Occupied HU | 529 (12.3%) |
| Vacant Housing Units | 1,338 (31.2%) |
| Median Home Value | $254,773 |
| Average Home Value | $292,739 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
2,995
Multi-Family
46
Businesses
172
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Listed by: Dennis Whitemarsh • Whitemarsh Properties LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1962080
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.