601 Main StRedgraniteWI54970
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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 Redgranite at 601 Main St, Redgranite, WI, 54970 with 5% annual appreciation on a $114,900 basis while $924/mo rent supports operations. Total monthly income totals $924/mo and a $562/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,839/yr on $38,089 deployed, and return on cash invested reaches 24.74% in year one. Equity gained on principal adds $741/yr, and five-year appreciation sums $31,745 alongside rental yield of 9.65%. Five-year ROI measures 129.49% and total cumulative return in cash totals $49,322.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $924/mo property income versus a $562/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54970, Redgranite, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,049 (60.5%) |
| Renter Occupied HU | 233 (13.4%) |
| Vacant Housing Units | 453 (26.1%) |
| Median Home Value | $189,139 |
| Average Home Value | $260,155 |
Housing Distribution
Address Breakdown
Residential
1,325
Single Family
1,227
Multi-Family
98
Businesses
61
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Listed by: John J Dix • First Choice Realty, Inc.
Mls Name: RANW
Mls ID: #50317324