403 1st Center AvenueBrodheadWI53520
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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
Rental property for sale in Brodhead at 403 1st Center Avenue, Brodhead, WI, 53520 offers $2,876/mo rent that, after a $978/mo payment, leaves $1,499/mo cash flow. Total monthly income is $2,876/mo, and annual cash flow is $17,990/yr on $66,267 cash. Return on cash invested measures 47.06% in year one, and rental yield stands at 17.26% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 249.41% and total cumulative return in cash reaches $165,277. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,876/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53520, Brodhead, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,946 (100%) |
| Owner Occupied HU | 2,217 (75.3%) |
| Renter Occupied HU | 544 (18.5%) |
| Vacant Housing Units | 185 ( 6.3%) |
| Median Home Value | $248,704 |
| Average Home Value | $317,383 |
Housing Distribution
Address Breakdown
Residential
2,832
Single Family
2,769
Multi-Family
63
Businesses
200
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Listed by: Mitchell Covert • EXIT Professional Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1980184
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.