306 East Lake AvenueMonticelloWI53570
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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 Monticello at 306 East Lake Avenue, Monticello, WI, 53570 listed at $295,000 pairs $1,684/mo rent with a $1,444/mo payment. Total monthly income runs $1,684/mo. Return on cash invested measures 16.28% in year one, and rental yield registers 6.85% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 84.09% and total cumulative return in cash totals $82,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,684/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53570, Monticello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,224 (100%) |
| Owner Occupied HU | 915 (74.8%) |
| Renter Occupied HU | 233 (19.0%) |
| Vacant Housing Units | 76 ( 6.2%) |
| Median Home Value | $267,287 |
| Average Home Value | $339,825 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
944
Multi-Family
56
Businesses
63
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Listed by: Tara Wilde • First Weber Inc
Mls Name: WIREX MLS
Mls ID: #2004497