603 East CLARK STREETSpencerWI54479
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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
Investment property for sale in Spencer at 603 East CLARK STREET, Spencer, WI, 54479 offers a 8.15% rental yield on a $269,900 purchase with $1,834/mo rent. Total monthly income registers $1,834/mo, and a $1,321/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $272/yr on $89,472 to close, and return on cash invested stands at 20.21% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 105.17% and total cumulative return in cash at $94,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,834/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54479, Spencer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,638 (100%) |
| Owner Occupied HU | 1,253 (76.5%) |
| Renter Occupied HU | 319 (19.5%) |
| Vacant Housing Units | 66 ( 4.0%) |
| Median Home Value | $218,706 |
| Average Home Value | $258,990 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,410
Multi-Family
66
Businesses
85
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Listed by: Brock & Decker Real Estate • BROCK AND DECKER REAL ESTATE, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22403482
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.