601 Academy StreetElroyWI53929
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 Elroy at 601 Academy Street, Elroy, WI, 53929 with 5% annual appreciation on a $172,900 basis while $1,386/mo rent supports operations. Total monthly income totals $1,386/mo and a $846/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,711/yr on $57,316 deployed, and return on cash invested reaches 24.64% in year one. Equity gained on principal adds $1,116/yr, and five-year appreciation sums $47,769 alongside rental yield of 9.62%. Five-year ROI measures 128.9% and total cumulative return in cash totals $73,880.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,386/mo property income versus a $846/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices