6121 243rd COURTSalemWI53168
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6121 243rd COURT, Salem, WI, 53168 in Salem hard to pass up. The 11.65% gross yield on a $320,000 purchase results in $3,108/mo in rent and $960/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.16). Annual cash flow of $11,525, five-year appreciation of $88,410, and $2,947/yr in equity build-up combine for a projected total cumulative return of $183,884.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $960 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,108 |
| Total Monthly Debt Service | $2,020 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
7,840 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
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
Single Family
Built in 1987
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
