409 Church StreetAlma CenterWI54611
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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 Alma Center at 409 Church Street, Alma Center, WI, 54611 priced at $199,000 converts $1,648/mo rent into $312/mo cash flow after a $974/mo obligation. Total monthly income equals $1,648/mo, and annual cash flow totals $3,750/yr on $65,969 invested. Return on cash invested prints 25.59% in year one, and rental yield reads 9.94% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 134.04% and total cumulative return in cash sums $88,422. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,648/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1940
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54611, Alma Center, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 496 (100%) |
| Owner Occupied HU | 327 (65.9%) |
| Renter Occupied HU | 94 (19.0%) |
| Vacant Housing Units | 75 (15.1%) |
| Median Home Value | $245,395 |
| Average Home Value | $287,217 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
433
Multi-Family
14
Businesses
21
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Listed by: Jim Franks • Badger State Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1586474
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.