50482 South 3rd StreetElevaWI54738
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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 Eleva at 50482 South 3rd Street, Eleva, WI, 54738 uses $72,565 cash to close to unlock $3,640/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $1,772/mo, and a $1,071/mo payment keeps the spread at $303/mo. Purchase price stands at $218,900, and rental yield measures 9.71% with $1,772/mo rent. Return on cash invested shows 24.93% in year one, and 5% annual appreciation builds toward $60,478 over five years. Five-year ROI reaches 130.46% and total cumulative return in cash records $94,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,772/mo property income covering a $1,071/mo payment rather than investor’s personal income.
Single Family
Built in 1895
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54738, Eleva, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,211 (82.9%) |
| Renter Occupied HU | 195 (13.3%) |
| Vacant Housing Units | 55 ( 3.8%) |
| Median Home Value | $361,416 |
| Average Home Value | $409,261 |
Housing Distribution
Address Breakdown
Residential
1,361
Single Family
1,347
Multi-Family
14
Businesses
47
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