304 Clark STREETMelroseWI54642
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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
Investment property for sale in Melrose at 304 Clark STREET, Melrose, WI, 54642 at $159,900 posts ROI 27.21% with $323/mo cash flow from $1,396/mo rent. Total monthly income equals $1,396/mo, and annual cash flow records $3,870/yr on $53,007 to close. Return on cash invested measures 27.21% and rental yield reads 10.48% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 142.73% and total cumulative return in cash totals $75,654.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,396/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54642, Melrose, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 624 (72.4%) |
| Renter Occupied HU | 160 (18.6%) |
| Vacant Housing Units | 78 ( 9.0%) |
| Median Home Value | $277,344 |
| Average Home Value | $351,470 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
821
Multi-Family
24
Businesses
44
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