308 S 5th StReedsvilleWI54230
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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 Reedsville at 308 S 5th St, Reedsville, WI, 54230 offers a 6.69% rental yield on a $399,900 purchase with $2,231/mo rent. 81% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 81.57% and total cumulative return in cash at $108,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,231/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1993
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54230, Reedsville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,874 (100%) |
| Owner Occupied HU | 1,571 (83.8%) |
| Renter Occupied HU | 224 (12.0%) |
| Vacant Housing Units | 79 ( 4.2%) |
| Median Home Value | $289,923 |
| Average Home Value | $347,938 |
Housing Distribution
Address Breakdown
Residential
1,815
Single Family
1,756
Multi-Family
59
Businesses
54
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Listed by: Keith Krepline • Coldwell Banker Real Estate Group
Mls Name: RANW
Mls ID: #50314336