509 Schroeder AvenueDelavanWI53115
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 Delavan at 509 Schroeder Avenue, Delavan, WI, 53115 at $249,900 posts ROI 29.43% with $657/mo cash flow from $2,334/mo rent. Total monthly income equals $2,334/mo, and annual cash flow records $7,884/yr on $82,842 to close. Return on cash invested measures 29.43% and rental yield reads 11.21% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 154.62% and total cumulative return in cash totals $128,090.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,334/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53115, Delavan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,363 (100%) |
| Owner Occupied HU | 4,493 (53.7%) |
| Renter Occupied HU | 2,069 (24.7%) |
| Vacant Housing Units | 1,801 (21.5%) |
| Median Home Value | $293,696 |
| Average Home Value | $385,774 |
Housing Distribution
Address Breakdown
Residential
7,266
Single Family
6,408
Multi-Family
858
Businesses
557
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