609 North Cedar STREETHoriconWI53032
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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 Horicon at 609 North Cedar STREET, Horicon, WI, 53032 offers $1,775/mo rent that, after a $1,150/mo payment, leaves $198/mo cash flow. Total monthly income is $1,775/mo, and annual cash flow is $2,379/yr on $77,869 cash. Return on cash invested measures 22.96% in year one, and rental yield stands at 9.07% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 119.95% and total cumulative return in cash reaches $93,405. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,775/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53032, Horicon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,548 (69.5%) |
| Renter Occupied HU | 576 (25.9%) |
| Vacant Housing Units | 104 ( 4.7%) |
| Median Home Value | $280,046 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
2,207
Single Family
2,012
Multi-Family
195
Businesses
130
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