505 Third StreetArgyleWI53504
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 Argyle at 505 Third Street, Argyle, WI, 53504 offers $1,974/mo rent that, after a $1,248/mo payment, leaves $263/mo cash flow. Total monthly income is $1,974/mo, and annual cash flow is $3,153/yr on $84,533 cash. Return on cash invested measures 23.64% in year one, and rental yield stands at 9.29% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 123.54% and total cumulative return in cash reaches $104,432. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,974/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53504, Argyle, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 972 (100%) |
| Owner Occupied HU | 712 (73.3%) |
| Renter Occupied HU | 160 (16.5%) |
| Vacant Housing Units | 100 (10.3%) |
| Median Home Value | $279,605 |
| Average Home Value | $377,454 |
Housing Distribution
Address Breakdown
Residential
782
Single Family
759
Multi-Family
23
Businesses
49
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