499 South Stewart StreetRichland CenterWI53581
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 Richland Center at 499 South Stewart Street, Richland Center, WI, 53581 priced at $250,000 converts $2,318/mo rent into $640/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,318/mo, and annual cash flow totals $7,678/yr on $82,875 invested. Return on cash invested prints 29.17% in year one, and rental yield reads 11.13% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 153.21% and total cumulative return in cash sums $126,970. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,318/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1946
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53581, Richland Center, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,715 (100%) |
| Owner Occupied HU | 2,813 (59.7%) |
| Renter Occupied HU | 1,232 (26.1%) |
| Vacant Housing Units | 670 (14.2%) |
| Median Home Value | $230,147 |
| Average Home Value | $318,127 |
Housing Distribution
Address Breakdown
Residential
4,347
Single Family
3,943
Multi-Family
404
Businesses
418
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Listed by: Steve Britt • Spencer Real Estate Group
Mls Name: WIREX MLS
Mls ID: #2009277