447 South 2nd StreetEvansvilleWI53536
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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 Evansville at 447 South 2nd Street, Evansville, WI, 53536 offers $1,434/mo rent that, after a $2,494/mo payment. Total monthly income is $1,434/mo. Return on cash invested measures 5.85% in year one, and rental yield stands at 3.38% at a $509,500 entry. Equity gained on principal adds $3,288/yr while 5% annual appreciation compounds into $140,765 by year five. Five-year ROI records 28.1% and total cumulative return in cash reaches $47,102. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,434/mo property income versus a $2,494/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53536, Evansville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,838 (100%) |
| Owner Occupied HU | 2,877 (75.0%) |
| Renter Occupied HU | 840 (21.9%) |
| Vacant Housing Units | 121 ( 3.2%) |
| Median Home Value | $321,908 |
| Average Home Value | $355,177 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
3,570
Multi-Family
200
Businesses
238
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Listed by: Seth Pfaehler • The McGrady Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996238
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.