308 North Brooklyn AvenueElroyWI53929
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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
Investment Highlights
Rental property for sale in Elroy at 308 North Brooklyn Avenue, Elroy, WI, 53929 offers $976/mo rent that, after a $636/mo payment, leaves $104/mo cash flow. Total monthly income is $976/mo, and annual cash flow is $1,246/yr on $43,095 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 9.01% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 119.05% and total cumulative return in cash reaches $51,303. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $976/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
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