414 S Main StElmwoodWI54740
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 Elmwood at 414 S Main St, Elmwood, WI, 54740 offers $2,044/mo rent that, after a $1,101/mo payment, leaves $534/mo cash flow. Total monthly income is $2,044/mo, and annual cash flow is $6,413/yr on $74,554 cash. Return on cash invested measures 28.51% in year one, and rental yield stands at 10.91% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 149.71% and total cumulative return in cash reaches $111,613. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,044/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54740, Elmwood, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 677 (73.2%) |
| Renter Occupied HU | 171 (18.5%) |
| Vacant Housing Units | 77 ( 8.3%) |
| Median Home Value | $281,329 |
| Average Home Value | $334,775 |
Housing Distribution
Address Breakdown
Residential
859
Single Family
802
Multi-Family
57
Businesses
45
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