411 South Second STREETDelavanWI53115
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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 Delavan at 411 South Second STREET, Delavan, WI, 53115 offers a 8.54% rental yield on a $229,000 purchase with $1,630/mo rent. Total monthly income registers $1,630/mo, and a $1,121/mo payment leaves $93/mo available for distribution. Annual cash flow reaches $1,116/yr on $75,914 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 111.39% and total cumulative return in cash at $84,557. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,630/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53115, Delavan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,363 (100%) |
| Owner Occupied HU | 4,493 (53.7%) |
| Renter Occupied HU | 2,069 (24.7%) |
| Vacant Housing Units | 1,801 (21.5%) |
| Median Home Value | $293,696 |
| Average Home Value | $385,774 |
Housing Distribution
Address Breakdown
Residential
7,266
Single Family
6,408
Multi-Family
858
Businesses
557
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Listed by: Legendary Team* • Legendary Real Estate Services
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913118
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.