593 North German STREETMayvilleWI53050
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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 Mayville at 593 North German STREET, Mayville, WI, 53050 offers a 10.51% rental yield on a $225,000 purchase with $1,970/mo rent. Total monthly income registers $1,970/mo, and a $1,101/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,523/yr on $74,588 to close, and return on cash invested stands at 27.31% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 143.28% and total cumulative return in cash at $106,869. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53050, Mayville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,301 (70.9%) |
| Renter Occupied HU | 801 (24.7%) |
| Vacant Housing Units | 145 ( 4.5%) |
| Median Home Value | $259,915 |
| Average Home Value | $305,273 |
Housing Distribution
Address Breakdown
Residential
3,054
Single Family
2,818
Multi-Family
236
Businesses
246
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