450 Lake AvenueMontelloWI53949
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 Montello at 450 Lake Avenue, Montello, WI, 53949 offers $3,479/mo rent that, after a $2,313/mo payment, leaves $308/mo cash flow. Total monthly income is $3,479/mo, and annual cash flow is $3,691/yr on $156,634 cash. Return on cash invested measures 22.27% in year one, and rental yield stands at 8.84% at a $472,500 entry. Equity gained on principal adds $3,049/yr while 5% annual appreciation compounds into $130,543 by year five. Five-year ROI records 116.17% and total cumulative return in cash reaches $181,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,479/mo property income versus a $2,313/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53949, Montello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 2,424 (56.5%) |
| Renter Occupied HU | 529 (12.3%) |
| Vacant Housing Units | 1,338 (31.2%) |
| Median Home Value | $254,773 |
| Average Home Value | $292,739 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
2,995
Multi-Family
46
Businesses
172
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