501 Red Spruce AvenueBarabooWI53913
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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 Baraboo at 501 Red Spruce Avenue, Baraboo, WI, 53913 priced at $352,900 converts $2,304/mo rent into after a $1,727/mo obligation. Total monthly income equals $2,304/mo. Return on cash invested prints 19.25% in year one, and rental yield reads 7.83% against a $352,900 entry. Equity gained on principal adds $2,277/yr, while 5% annual appreciation compiles into $97,500 by year five. Five-year ROI reaches 99.99% and total cumulative return in cash sums $116,976. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,304/mo property income covering a $1,727/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53913, Baraboo, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,337 (100%) |
| Owner Occupied HU | 6,064 (58.7%) |
| Renter Occupied HU | 3,419 (33.1%) |
| Vacant Housing Units | 854 ( 8.3%) |
| Median Home Value | $286,550 |
| Average Home Value | $335,181 |
Housing Distribution
Address Breakdown
Residential
9,532
Single Family
8,356
Multi-Family
1,176
Businesses
859
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Listed by: Haily Herriot • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1993244
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.