50683 2nd Street #2ElevaWI54738
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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 50683 2nd Street #2, Eleva, WI, 54738 uses $54,698 cash to close to unlock $8,295/yr annual cash flow and $691/mo monthly cash flow. Total monthly income runs $1,799/mo, and a $808/mo payment keeps the spread at $691/mo. Purchase price stands at $165,000, and rental yield measures 13.08% with $1,799/mo rent. Return on cash invested shows 35.07% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 184.92% and total cumulative return in cash records $101,147. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $808/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
0.40 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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