303 West Center StreetSouth WayneWI53587
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.06% yield at 303 West Center Street, South Wayne, WI, 53587 in South Wayne is solid, but the $719/mo payment compresses net cash flow to $135/mo at $160,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $44,205 by year five, and $1,474/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.68) without U.S. income documentation. Total projected return: $69,724.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $135 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,208 |
| Total Monthly Debt Service | $1,010 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53587, South Wayne, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 399 (70.7%) |
| Renter Occupied HU | 104 (18.4%) |
| Vacant Housing Units | 61 (10.8%) |
| Median Home Value | $265,000 |
| Average Home Value | $367,469 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
404
Multi-Family
21
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53587, South Wayne, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 399 (70.7%) |
| Renter Occupied HU | 104 (18.4%) |
| Vacant Housing Units | 61 (10.8%) |
| Median Home Value | $265,000 |
| Average Home Value | $367,469 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
404
Multi-Family
21
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melodie Hawkins • EXIT Professional Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2002240
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved