6308 South Edgewater DriveBeloitWI53511
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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 Beloit at 6308 South Edgewater Drive, Beloit, WI, 53511 generates $3,090/mo in rent and, after a $1,713/mo payment, leaves $741/mo in cash flow. Total monthly income is $3,090/mo, and annual cash flow is $8,894/yr on $116,025 invested. Return on cash invested sits at 27.57% in year one, and rental yield is 10.59% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 144.66% and total cumulative return in cash sums $167,846. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,090/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.78 Acres lot
$N/A/sqft
No HOA
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Listed by: Darcy Demos • Century 21 Affiliated
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995792
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.