614 Commerce StreetMineral PointWI53565
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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 Mineral Point at 614 Commerce Street, Mineral Point, WI, 53565 with 5% annual appreciation on a $229,900 basis while $3,181/mo rent supports operations. Total monthly income totals $3,181/mo and a $1,125/mo payment preserves $1,638/mo for cash returns. Annual cash flow comes to $19,660/yr on $76,212 deployed, and return on cash invested reaches 45.71% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 16.6%. Five-year ROI measures 241.9% and total cumulative return in cash totals $184,355.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,181/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53565, Mineral Point, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,278 (100%) |
| Owner Occupied HU | 1,586 (69.6%) |
| Renter Occupied HU | 500 (21.9%) |
| Vacant Housing Units | 192 ( 8.4%) |
| Median Home Value | $289,030 |
| Average Home Value | $369,721 |
Housing Distribution
Address Breakdown
Residential
2,099
Single Family
2,019
Multi-Family
80
Businesses
189
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Listed by: Chausti Weinbrenner • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1982306
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.