515 West Montgomery STREETSpartaWI54656
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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 Sparta at 515 West Montgomery STREET, Sparta, WI, 54656 listed at $249,500 pairs $1,926/mo rent with a $1,221/mo payment to leave $252/mo cash flow. Total monthly income runs $1,926/mo, and annual cash flow reaches $3,021/yr on $82,709 cash to close. Return on cash invested measures 23.56% in year one, and rental yield registers 9.26% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 123.1% and total cumulative return in cash totals $101,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,926/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54656, Sparta, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,833 (100%) |
| Owner Occupied HU | 5,191 (66.3%) |
| Renter Occupied HU | 2,189 (27.9%) |
| Vacant Housing Units | 453 ( 5.8%) |
| Median Home Value | $242,815 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
7,665
Single Family
7,334
Multi-Family
331
Businesses
527
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