373 North WALNUT STREETMayvilleWI53050
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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 373 North WALNUT STREET, Mayville, WI, 53050 uses $98,456 cash to close to unlock $2,741/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $2,222/mo, and a $1,454/mo payment keeps the spread at $228/mo. Purchase price stands at $297,000, and rental yield measures 8.98% with $2,222/mo rent. Return on cash invested shows 22.69% in year one, and 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 118.49% and total cumulative return in cash records $116,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,222/mo property income covering a $1,454/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.41 Acres 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: Erica Huettl • Klapperich Real Estate, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50306251
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.