309 West CLARK STREETSpencerWI54479
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
Investment Highlights
Rental property for sale in Spencer at 309 West CLARK STREET, Spencer, WI, 54479 offers $2,269/mo rent that, after a $778/mo payment, leaves $1,202/mo cash flow. Total monthly income is $2,269/mo, and annual cash flow is $14,428/yr on $52,675 cash. Return on cash invested measures 47.3% in year one, and rental yield stands at 17.14% at a $158,900 entry. Equity gained on principal adds $1,025/yr while 5% annual appreciation compounds into $43,901 by year five. Five-year ROI records 250.49% and total cumulative return in cash reaches $131,944. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,269/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54479, Spencer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,638 (100%) |
| Owner Occupied HU | 1,253 (76.5%) |
| Renter Occupied HU | 319 (19.5%) |
| Vacant Housing Units | 66 ( 4.0%) |
| Median Home Value | $218,706 |
| Average Home Value | $258,990 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,410
Multi-Family
66
Businesses
85
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Listed by: Mary Bunge • CENTURY 21 GOLD KEY
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22404783
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.