305 Garland STREET EAST EastWest SalemWI54669
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 305 Garland STREET EAST East, West Salem, WI, 54669 in West Salem delivers $2,348/mo in gross rent and $336/mo in net monthly income at a $299,900 entry. The 9.4% yield and 1.74 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $82,857 over five years and $2,762/yr in equity from loan paydown, total projected return is $135,979.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $336 | $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 | $2,348 |
| Total Monthly Debt Service | $1,893 |
| DSCR Ratio | 1.24x |
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 1974
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54669, West Salem, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,562 (100%) |
| Owner Occupied HU | 2,492 (70.0%) |
| Renter Occupied HU | 791 (22.2%) |
| Vacant Housing Units | 279 ( 7.8%) |
| Median Home Value | $340,584 |
| Average Home Value | $381,941 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,109
Multi-Family
233
Businesses
260
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 1974
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54669, West Salem, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,562 (100%) |
| Owner Occupied HU | 2,492 (70.0%) |
| Renter Occupied HU | 791 (22.2%) |
| Vacant Housing Units | 279 ( 7.8%) |
| Median Home Value | $340,584 |
| Average Home Value | $381,941 |
Housing Distribution
Address Breakdown
Residential
3,342
Single Family
3,109
Multi-Family
233
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tamra Nururdin • NextHome Prime Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1926732
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved