509 Grove StreetBeaver DamWI53916
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 Beaver Dam at 509 Grove Street, Beaver Dam, WI, 53916 uses $82,842 cash to close to unlock $4,956/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $2,090/mo, and a $1,223/mo payment keeps the spread at $413/mo. Purchase price stands at $249,900, and rental yield measures 10.04% with $2,090/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 135.66% and total cumulative return in cash records $112,382. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,090/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1929
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53916, Beaver Dam, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,793 (100%) |
| Owner Occupied HU | 6,514 (60.4%) |
| Renter Occupied HU | 3,562 (33.0%) |
| Vacant Housing Units | 717 ( 6.6%) |
| Median Home Value | $254,179 |
| Average Home Value | $311,329 |
Housing Distribution
Address Breakdown
Residential
10,345
Single Family
8,730
Multi-Family
1,615
Businesses
732
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Avila • Flat Fee Pros WI
Mls Name: WIREX MLS
Mls ID: #2003018