307 East Follett StreetColomaWI54930
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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 Coloma at 307 East Follett Street, Coloma, WI, 54930 priced at $160,000 converts $1,536/mo rent into $462/mo cash flow after a $783/mo obligation. Total monthly income equals $1,536/mo, and annual cash flow totals $5,548/yr on $53,040 invested. Return on cash invested prints 30.37% in year one, and rental yield reads 11.52% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 159.69% and total cumulative return in cash sums $84,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,536/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54930, Coloma, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,075 (100%) |
| Owner Occupied HU | 657 (61.1%) |
| Renter Occupied HU | 89 ( 8.3%) |
| Vacant Housing Units | 329 (30.6%) |
| Median Home Value | $279,657 |
| Average Home Value | $360,826 |
Housing Distribution
Address Breakdown
Residential
763
Single Family
751
Multi-Family
12
Businesses
57
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Listed by: Geri Pettersen • Berkshire Hathaway HomeServices Local Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1984434
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