497B Lake StreetMontelloWI53949
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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 Montello at 497B Lake Street, Montello, WI, 53949 priced at $319,000 converts $0/mo rent into after a $1,561/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.38% in year one, and rental yield reads 0% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.46 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices