509 S Main STREETAlmaWI54610
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 509 S Main STREET, Alma, WI, 54610 in Alma. Priced at $150,000, it generates $1,545/mo in gross rent and $538/mo in net monthly cash flow, a 12.36% yield that comfortably supports the 2.29 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,460. Five-year appreciation: $41,442. Equity from principal paydown: $1,382/yr. Total projected cumulative return: $91,916.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $538 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,545 |
| Total Monthly Debt Service | $947 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54610, Alma, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,088 (100%) |
| Owner Occupied HU | 614 (56.4%) |
| Renter Occupied HU | 194 (17.8%) |
| Vacant Housing Units | 280 (25.7%) |
| Median Home Value | $263,971 |
| Average Home Value | $374,125 |
Housing Distribution
Address Breakdown
Residential
630
Single Family
587
Multi-Family
43
Businesses
75
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
Multi Family
Built in 1910
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54610, Alma, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,088 (100%) |
| Owner Occupied HU | 614 (56.4%) |
| Renter Occupied HU | 194 (17.8%) |
| Vacant Housing Units | 280 (25.7%) |
| Median Home Value | $263,971 |
| Average Home Value | $374,125 |
Housing Distribution
Address Breakdown
Residential
630
Single Family
587
Multi-Family
43
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Cornelius • Keller Williams Premier Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1906017
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.