304 W Mill StSpencerWI54479
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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 Spencer at 304 W Mill St, Spencer, WI, 54479 uses $40,576 cash to close to unlock $15,224/yr annual cash flow and $1,269/mo monthly cash flow. Total monthly income runs $2,090/mo, and a $599/mo payment keeps the spread at $1,269/mo. Purchase price stands at $122,400, and rental yield measures 20.49% with $2,090/mo rent. Return on cash invested shows 57.43% in year one, and 5% annual appreciation builds toward $33,817 over five years. Five-year ROI reaches 304.75% and total cumulative return in cash records $123,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,090/mo property income covering a $599/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54479, Spencer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,638 (100%) |
| Owner Occupied HU | 1,253 (76.5%) |
| Renter Occupied HU | 319 (19.5%) |
| Vacant Housing Units | 66 ( 4.0%) |
| Median Home Value | $218,706 |
| Average Home Value | $258,990 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,410
Multi-Family
66
Businesses
85
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