606 East Franklin STREETSpartaWI54656
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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 Sparta at 606 East Franklin STREET, Sparta, WI, 54656 offers a 6.67% rental yield on a $325,000 purchase with $1,807/mo rent. 74% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 81.18% and total cumulative return in cash at $87,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,807/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54656, Sparta, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,833 (100%) |
| Owner Occupied HU | 5,191 (66.3%) |
| Renter Occupied HU | 2,189 (27.9%) |
| Vacant Housing Units | 453 ( 5.8%) |
| Median Home Value | $242,815 |
| Average Home Value | $274,568 |
Housing Distribution
Address Breakdown
Residential
7,665
Single Family
7,334
Multi-Family
331
Businesses
527
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