508 ALLEN STREETAthensWI54411
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 Athens at 508 ALLEN STREET, Athens, WI, 54411 uses $96,102 cash to close to unlock $5,452/yr annual cash flow and $454/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,419/mo payment keeps the spread at $454/mo. Purchase price stands at $289,900, and rental yield measures 9.93% with $2,400/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 133.98% and total cumulative return in cash records $128,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1931
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54411, Athens, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,035 (100%) |
| Owner Occupied HU | 1,643 (80.7%) |
| Renter Occupied HU | 281 (13.8%) |
| Vacant Housing Units | 111 ( 5.5%) |
| Median Home Value | $290,116 |
| Average Home Value | $374,163 |
Housing Distribution
Address Breakdown
Residential
1,902
Single Family
1,858
Multi-Family
44
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices