327 West Merrimac StreetDodgevilleWI53533
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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 Dodgeville at 327 West Merrimac Street, Dodgeville, WI, 53533 uses $59,637 cash to close to unlock $2,726/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $1,435/mo, and a $881/mo payment keeps the spread at $227/mo. Purchase price stands at $179,900, and rental yield measures 9.57% with $1,435/mo rent. Return on cash invested shows 24.48% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 128.11% and total cumulative return in cash records $76,401. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,435/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1940
8,276 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
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Listed by: Christina Weitzel • RE/MAX Preferred
Mls Name: WIREX MLS
Mls ID: #2014393