605 Nelson STREETFort AtkinsonWI53538
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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 Fort Atkinson at 605 Nelson STREET, Fort Atkinson, WI, 53538 uses $82,544 cash to close to unlock $2,912/yr annual cash flow and $243/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,219/mo payment keeps the spread at $243/mo. Purchase price stands at $249,000, and rental yield measures 9.22% with $1,914/mo rent. Return on cash invested shows 23.44% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 122.45% and total cumulative return in cash records $101,072. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53538, Fort Atkinson, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,379 (100%) |
| Owner Occupied HU | 5,578 (66.6%) |
| Renter Occupied HU | 2,294 (27.4%) |
| Vacant Housing Units | 507 ( 6.1%) |
| Median Home Value | $326,653 |
| Average Home Value | $363,095 |
Housing Distribution
Address Breakdown
Residential
8,082
Single Family
7,278
Multi-Family
804
Businesses
566
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Listed by: Carolyn Fox • NextHome Success-Ft Atkinson
Mls Name: WIREX MLS
Mls ID: #1934532