601 Main StRedgraniteWI54970
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 601 Main St, Redgranite, WI, 54970 in Redgranite worth modelling. At $114,900 with a 9.65% gross yield, the $924/mo rent leaves $153/mo after the $517/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.79 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $31,745 by year five; $1,058/yr in principal reduction adds further equity. Total projected return: $53,678.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $153 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $924 |
| Total Monthly Debt Service | $725 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John J Dix • First Choice Realty, Inc.
Mls Name: RANW
Mls ID: #50317324