405 7th AvenueNew GlarusWI53574
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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 New Glarus at 405 7th Avenue, New Glarus, WI, 53574 earns $531/mo cash flow from $2,940/mo rent with a $1,757/mo payment. Total monthly income totals $2,940/mo, and annual cash flow totals $6,370/yr on $119,009 capital. ROI tracks 25.26% on current figures, and rental yield reads 9.83% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 132.23% and total cumulative return in cash sums $157,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,940/mo property income instead of your personal income.
Condo
Built in 1998
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53574, New Glarus, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,719 (100%) |
| Owner Occupied HU | 1,338 (77.8%) |
| Renter Occupied HU | 283 (16.5%) |
| Vacant Housing Units | 98 ( 5.7%) |
| Median Home Value | $345,695 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,281
Multi-Family
143
Businesses
150
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Listed by: Myken Paradis • EXIT Professional Real Estate
Mls Name: WIREX MLS
Mls ID: #2007600