603 Norris STREETBeaver DamWI53916
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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
Rental property for sale in Beaver Dam at 603 Norris STREET, Beaver Dam, WI, 53916 generates $1,984/mo in rent and, after a $1,057/mo payment, leaves $535/mo in cash flow. Total monthly income is $1,984/mo, and annual cash flow is $6,415/yr on $71,604 invested. Return on cash invested sits at 28.87% in year one, and rental yield is 11.02% on a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 151.59% and total cumulative return in cash sums $108,543. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,984/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53916, Beaver Dam, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,793 (100%) |
| Owner Occupied HU | 6,514 (60.4%) |
| Renter Occupied HU | 3,562 (33.0%) |
| Vacant Housing Units | 717 ( 6.6%) |
| Median Home Value | $254,179 |
| Average Home Value | $311,329 |
Housing Distribution
Address Breakdown
Residential
10,345
Single Family
8,730
Multi-Family
1,615
Businesses
732
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Listed by: Carolyn Fox • NextHome Success-Ft Atkinson
Mls Name: WIREX MLS
Mls ID: #1947898