611 East Wells StreetDurandWI54736
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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 Durand at 611 East Wells Street, Durand, WI, 54736 uses $62,952 cash to close to unlock $1,572/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $1,405/mo, and a $929/mo payment keeps the spread at $131/mo. Purchase price stands at $189,900, and rental yield measures 8.88% with $1,405/mo rent. Return on cash invested shows 22.41% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 116.99% and total cumulative return in cash records $73,649. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1923
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54736, Durand, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,742 (100%) |
| Owner Occupied HU | 1,245 (71.5%) |
| Renter Occupied HU | 385 (22.1%) |
| Vacant Housing Units | 112 ( 6.4%) |
| Median Home Value | $231,006 |
| Average Home Value | $302,829 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,524
Multi-Family
169
Businesses
230
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Listed by: Liz Thompson • C21 Affiliated
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588991
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.