503 North 3rd STREETFort AtkinsonWI53538
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
Investment property for sale in Fort Atkinson at 503 North 3rd STREET, Fort Atkinson, WI, 53538 with 5% annual appreciation on a $249,900 basis while $1,994/mo rent supports operations. Total monthly income totals $1,994/mo and a $1,223/mo payment preserves $317/mo for cash returns. Annual cash flow comes to $3,804/yr on $82,842 deployed, and return on cash invested reaches 24.5% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 9.58%. Five-year ROI measures 128.21% and total cumulative return in cash totals $106,214.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,994/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53538, Fort Atkinson, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,379 (100%) |
| Owner Occupied HU | 5,578 (66.6%) |
| Renter Occupied HU | 2,294 (27.4%) |
| Vacant Housing Units | 507 ( 6.1%) |
| Median Home Value | $326,653 |
| Average Home Value | $363,095 |
Housing Distribution
Address Breakdown
Residential
8,082
Single Family
7,278
Multi-Family
804
Businesses
566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grace Foelker • Fort Real Estate Company, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915426
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.