501 East TERRACE STREETColbyWI54421
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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 Colby at 501 East TERRACE STREET, Colby, WI, 54421 at $199,000 posts ROI 26.63% with $369/mo cash flow from $1,705/mo rent. Total monthly income equals $1,705/mo, and annual cash flow records $4,434/yr on $65,969 to close. Return on cash invested measures 26.63% and rental yield reads 10.28% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 139.6% and total cumulative return in cash totals $92,094.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,705/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54421, Colby, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,357 (100%) |
| Owner Occupied HU | 954 (70.3%) |
| Renter Occupied HU | 346 (25.5%) |
| Vacant Housing Units | 57 ( 4.2%) |
| Median Home Value | $191,875 |
| Average Home Value | $283,910 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,190
Multi-Family
105
Businesses
78
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