531 Midway DriveReedsburgWI53959
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
Rental property for sale in Reedsburg at 531 Midway Drive, Reedsburg, WI, 53959 priced at $399,900 pairs $2,740/mo rent with $57/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,740/mo, and annual cash flow comes to $678/yr on $132,567 invested. Return on cash invested is 20.42% in year one, and rental yield stands at 8.22% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 106.28% and total cumulative return in cash reaches $140,888. For financing, Ziffy Mortgage’s DSCR program evaluates $2,740/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53959, Reedsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,383 (100%) |
| Owner Occupied HU | 4,122 (64.6%) |
| Renter Occupied HU | 1,830 (28.7%) |
| Vacant Housing Units | 431 ( 6.8%) |
| Median Home Value | $292,890 |
| Average Home Value | $362,179 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,567
Multi-Family
700
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices