632 Lake View AvenueMerrimacWI53561
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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 Merrimac at 632 Lake View Avenue, Merrimac, WI, 53561 offers a 7.26% rental yield on a $419,900 purchase with $2,540/mo rent. 51% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 90.71% and total cumulative return in cash at $126,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,540/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53561, Merrimac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,282 (100%) |
| Owner Occupied HU | 766 (59.8%) |
| Renter Occupied HU | 106 ( 8.3%) |
| Vacant Housing Units | 410 (32.0%) |
| Median Home Value | $468,293 |
| Average Home Value | $532,027 |
Housing Distribution
Address Breakdown
Residential
997
Single Family
997
Multi-Family
0
Businesses
39
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