55 2nd StreetNew GlarusWI53574
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 New Glarus at 55 2nd Street, New Glarus, WI, 53574 at $299,000 posts ROI 22.52% with $216/mo cash flow from $2,222/mo rent. Total monthly income equals $2,222/mo, and annual cash flow records $2,590/yr on $99,119 to close. Return on cash invested measures 22.52% and rental yield reads 8.92% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 117.54% and total cumulative return in cash totals $116,506.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53574, New Glarus, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,719 (100%) |
| Owner Occupied HU | 1,338 (77.8%) |
| Renter Occupied HU | 283 (16.5%) |
| Vacant Housing Units | 98 ( 5.7%) |
| Median Home Value | $345,695 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,281
Multi-Family
143
Businesses
150
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Listed by: Jason McGill • KJK & Associates, LLC
Mls Name: WIREX MLS
Mls ID: #2009997