512 North 6TH STREETColbyWI54421
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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 Colby at 512 North 6TH STREET, Colby, WI, 54421 listed at $264,900 pairs $1,324/mo rent with a $1,297/mo payment. Total monthly income runs $1,324/mo. Return on cash invested measures 13.7% in year one, and rental yield registers 6% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 70.23% and total cumulative return in cash totals $61,676. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,324/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54421, Colby, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,357 (100%) |
| Owner Occupied HU | 954 (70.3%) |
| Renter Occupied HU | 346 (25.5%) |
| Vacant Housing Units | 57 ( 4.2%) |
| Median Home Value | $191,875 |
| Average Home Value | $283,910 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,190
Multi-Family
105
Businesses
78
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