303 West Water StreetShullsburgWI53586
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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 Shullsburg at 303 West Water Street, Shullsburg, WI, 53586 priced at $135,000 converts $0/mo rent into after a $661/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.39% in year one, and rental yield reads 0% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1880
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53586, Shullsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 949 (100%) |
| Owner Occupied HU | 702 (74.0%) |
| Renter Occupied HU | 187 (19.7%) |
| Vacant Housing Units | 60 ( 6.3%) |
| Median Home Value | $172,973 |
| Average Home Value | $232,390 |
Housing Distribution
Address Breakdown
Residential
770
Single Family
741
Multi-Family
29
Businesses
74
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No similar rental properties found nearby.
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Listed by: Pam Teasdale • Teasdale Realty & Auction Serv, LLC
Mls Name: WIREX MLS
Mls ID: #2008461