6 acres Highway 23Mineral PtWI53565
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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
Rental property for sale in Mineral Pt at 6 acres Highway 23, Mineral Pt, WI, 53565 offers $1,505/mo rent that, after a $857/mo payment, leaves $330/mo cash flow. Total monthly income is $1,505/mo, and annual cash flow is $3,961/yr on $58,013 cash. Return on cash invested measures 26.74% in year one, and rental yield stands at 10.32% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 140.24% and total cumulative return in cash reaches $81,355. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,505/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
6.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53565, Mineral Point, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,278 (100%) |
| Owner Occupied HU | 1,586 (69.6%) |
| Renter Occupied HU | 500 (21.9%) |
| Vacant Housing Units | 192 ( 8.4%) |
| Median Home Value | $289,030 |
| Average Home Value | $369,721 |
Housing Distribution
Address Breakdown
Residential
2,099
Single Family
2,019
Multi-Family
80
Businesses
189
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Listed by: Danielle Lindsey • Potterton Rule Real Estate LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1970181
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.