4228 Locust 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 4228 Locust STREET, Delavan, WI, 53115 uses $72,930 cash to close to unlock $3,292/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,751/mo, and a $1,077/mo payment keeps the spread at $274/mo. Purchase price stands at $220,000, and rental yield measures 9.55% with $1,751/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 127.77% and total cumulative return in cash records $93,179. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,751/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,969 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: John O'Laughlin • Keller Williams North Shore West
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914758
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.