318 Redruth DriveDodgevilleWI53533
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 Dodgeville at 318 Redruth Drive, Dodgeville, WI, 53533 offers $2,486/mo rent that, after a $1,468/mo payment, leaves $473/mo cash flow. Total monthly income is $2,486/mo, and annual cash flow is $5,678/yr on $99,417 cash. Return on cash invested measures 25.62% in year one, and rental yield stands at 9.95% at a $299,900 entry. Equity gained on principal adds $1,935/yr while 5% annual appreciation compounds into $82,857 by year five. Five-year ROI records 134.19% and total cumulative return in cash reaches $133,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,486/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2004
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53533, Dodgeville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,378 (100%) |
| Owner Occupied HU | 2,233 (66.1%) |
| Renter Occupied HU | 905 (26.8%) |
| Vacant Housing Units | 240 ( 7.1%) |
| Median Home Value | $270,093 |
| Average Home Value | $328,080 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
2,961
Multi-Family
204
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Torre Pustina • The Professional Brokers
Mls Name: WIREX MLS
Mls ID: #2005261