406 FLINT AVENUEMattoonWI54450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mattoon at 406 FLINT AVENUE, Mattoon, WI, 54450 offers $1,666/mo rent that, after a $954/mo payment, leaves $358/mo cash flow. Total monthly income is $1,666/mo, and annual cash flow is $4,295/yr on $64,609 cash. Return on cash invested measures 26.56% in year one, and rental yield stands at 10.26% at a $194,900 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,847 by year five. Five-year ROI records 139.17% and total cumulative return in cash reaches $89,919. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,666/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54450, Mattoon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 152 (100%) |
| Owner Occupied HU | 105 (69.1%) |
| Renter Occupied HU | 15 ( 9.9%) |
| Vacant Housing Units | 32 (21.1%) |
| Median Home Value | $225,962 |
| Average Home Value | $249,000 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
17
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