609 Calvin LANEMount PleasantWI53406
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
Investment Highlights
Investment property for sale in Mount Pleasant at 609 Calvin LANE, Mount Pleasant, WI, 53406 offers a 8.3% rental yield on a $549,000 purchase with $3,799/mo rent. Total monthly income registers $3,799/mo, and a $2,687/mo payment leaves $115/mo available for distribution. Annual cash flow reaches $1,376/yr on $180,621 to close, and return on cash invested stands at 20.82% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 108.4% and total cumulative return in cash at $195,788. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,799/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53406, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,581 (100%) |
| Owner Occupied HU | 8,258 (65.6%) |
| Renter Occupied HU | 3,828 (30.4%) |
| Vacant Housing Units | 495 ( 3.9%) |
| Median Home Value | $315,200 |
| Average Home Value | $338,626 |
Housing Distribution
Address Breakdown
Residential
12,535
Single Family
10,627
Multi-Family
1,908
Businesses
790
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Corr • Keller Williams Thrive-Caledonia
Mls Name: WIREX MLS
Mls ID: #1945707