6103 245th AVENUESalemWI53168
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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 Salem at 6103 245th AVENUE, Salem, WI, 53168 generates $2,653/mo in rent and, after a $1,527/mo payment, leaves $559/mo in cash flow. Total monthly income is $2,653/mo, and annual cash flow is $6,710/yr on $103,428 invested. Return on cash invested sits at 26.4% in year one, and rental yield is 10.2% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 138.34% and total cumulative return in cash sums $143,087. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,653/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53168, Salem, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,155 (100%) |
| Owner Occupied HU | 3,135 (75.5%) |
| Renter Occupied HU | 654 (15.7%) |
| Vacant Housing Units | 366 ( 8.8%) |
| Median Home Value | $346,453 |
| Average Home Value | $392,881 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,704
Multi-Family
61
Businesses
189
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