32755 S Tea Lake RdMarengoWI54855
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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
Total monthly income runs $1,907/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 5.79% with $1,907/mo rent. Return on cash invested shows 13.09% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 67% and total cumulative return in cash records $87,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,907/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54855, Marengo, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 252 (62.4%) |
| Renter Occupied HU | 39 ( 9.7%) |
| Vacant Housing Units | 113 (28.0%) |
| Median Home Value | $240,909 |
| Average Home Value | $270,466 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
331
Multi-Family
0
Businesses
9
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Listed by: MATT SCHULTZ • UNITED COUNTRY REAL ESTATE / NORTHERN WI LIFESTYLE PROPERTIES
Mls Name: GNMLS
Mls Provider:
Mls ID: #212020
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