417 South Mechanic StreetAlbanyWI53502
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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 Albany at 417 South Mechanic Street, Albany, WI, 53502 priced at $326,900 pairs $2,016/mo rent with after a $1,600/mo payment. Total monthly income equals $2,016/mo. Return on cash invested is 17.94% in year one, and rental yield stands at 7.4% on a $326,900 basis. Equity gained on principal adds $2,109/yr, and 5% annual appreciation accumulates to $90,316 by year five. Five-year ROI measures 93% and total cumulative return in cash reaches $100,785. For financing, Ziffy Mortgage’s DSCR program evaluates $2,016/mo property income against a $1,600/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53502, Albany, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 845 (72.5%) |
| Renter Occupied HU | 262 (22.5%) |
| Vacant Housing Units | 58 ( 5.0%) |
| Median Home Value | $280,357 |
| Average Home Value | $346,453 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
954
Multi-Family
42
Businesses
43
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Listed by: Nate Lancaster • EXP Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1989480
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.