312 North Mountin DRIVEMayvilleWI53050
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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 Mayville at 312 North Mountin DRIVE, Mayville, WI, 53050 with 5% annual appreciation on a $269,900 basis while $2,017/mo rent supports operations. Total monthly income totals $2,017/mo and a $1,321/mo payment preserves $206/mo for cash returns. Annual cash flow comes to $2,468/yr on $89,472 deployed, and return on cash invested reaches 22.67% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 8.97%. Five-year ROI measures 118.34% and total cumulative return in cash totals $105,882.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,017/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53050, Mayville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,301 (70.9%) |
| Renter Occupied HU | 801 (24.7%) |
| Vacant Housing Units | 145 ( 4.5%) |
| Median Home Value | $259,915 |
| Average Home Value | $305,273 |
Housing Distribution
Address Breakdown
Residential
3,054
Single Family
2,818
Multi-Family
236
Businesses
246
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Listed by: Brenda Bruyette • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1890900
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.