6 South German StreetMayvilleWI53050
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 Mayville at 6 South German Street, Mayville, WI, 53050 generates $1,237/mo in rent and, after a $611/mo payment, leaves $399/mo in cash flow. Total monthly income is $1,237/mo, and annual cash flow is $4,789/yr on $41,404 invested. Return on cash invested sits at 31.48% in year one, and rental yield is 11.88% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 165.63% and total cumulative return in cash sums $68,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,237/mo property income rather than buyer’s personal income.
Single Family
Built in 1863
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Housley • Artisan Graham Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998277
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.