616 South Iowa StreetDodgevilleWI53533
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 616 South Iowa Street, Dodgeville, WI, 53533 in Dodgeville speaks for itself: 11.36% gross on a $286,000 price, generating $2,708/mo in rent and $789/mo in net income after the $1,286/mo debt service. DSCR 2.11, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,468 stacks alongside $79,017 in projected five-year appreciation and $2,634/yr in principal reduction. Projected total cumulative return: $159,867.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $789 | $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 | $2,708 |
| Total Monthly Debt Service | $1,806 |
| DSCR Ratio | 1.50x |
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 1950
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53533, Dodgeville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,378 (100%) |
| Owner Occupied HU | 2,233 (66.1%) |
| Renter Occupied HU | 905 (26.8%) |
| Vacant Housing Units | 240 ( 7.1%) |
| Median Home Value | $270,093 |
| Average Home Value | $328,080 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
2,961
Multi-Family
204
Businesses
290
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 1950
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53533, Dodgeville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,378 (100%) |
| Owner Occupied HU | 2,233 (66.1%) |
| Renter Occupied HU | 905 (26.8%) |
| Vacant Housing Units | 240 ( 7.1%) |
| Median Home Value | $270,093 |
| Average Home Value | $328,080 |
Housing Distribution
Address Breakdown
Residential
3,165
Single Family
2,961
Multi-Family
204
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Joo • Century 21 Affiliated
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996081
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.