405 Spruce StBlack CreekWI54106
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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 Black Creek at 405 Spruce St, Black Creek, WI, 54106 uses $89,174 cash to close to unlock $4,060/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $2,144/mo, and a $1,317/mo payment keeps the spread at $338/mo. Purchase price stands at $269,000, and rental yield measures 9.56% with $2,144/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 127.97% and total cumulative return in cash records $114,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,144/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54106, Black Creek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,917 (100%) |
| Owner Occupied HU | 1,604 (83.7%) |
| Renter Occupied HU | 269 (14.0%) |
| Vacant Housing Units | 44 ( 2.3%) |
| Median Home Value | $344,952 |
| Average Home Value | $376,641 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,707
Multi-Family
52
Businesses
80
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Listed by: Stacey Hennessey • Century 21 Affiliated
Mls Name: RANW
Mls ID: #50297559
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.