407 North DOUGLAS STREETSpencerWI54479
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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 Spencer at 407 North DOUGLAS STREET, Spencer, WI, 54479 generates $1,480/mo in rent and, after a $929/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,480/mo, and annual cash flow is $2,472/yr on $62,952 invested. Return on cash invested sits at 23.84% in year one, and rental yield is 9.35% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 124.66% and total cumulative return in cash sums $78,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54479, Spencer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,638 (100%) |
| Owner Occupied HU | 1,253 (76.5%) |
| Renter Occupied HU | 319 (19.5%) |
| Vacant Housing Units | 66 ( 4.0%) |
| Median Home Value | $218,706 |
| Average Home Value | $258,990 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,410
Multi-Family
66
Businesses
85
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