642 North Main STREETMayvilleWI53050
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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 Mayville at 642 North Main STREET, Mayville, WI, 53050 offers $2,621/mo rent that, after a $1,468/mo payment, leaves $608/mo cash flow. Total monthly income is $2,621/mo, and annual cash flow is $7,296/yr on $99,450 cash. Return on cash invested measures 27.25% in year one, and rental yield stands at 10.48% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 142.87% and total cumulative return in cash reaches $142,080. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,621/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53050, Mayville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,247 (100%) |
| Owner Occupied HU | 2,301 (70.9%) |
| Renter Occupied HU | 801 (24.7%) |
| Vacant Housing Units | 145 ( 4.5%) |
| Median Home Value | $259,915 |
| Average Home Value | $305,273 |
Housing Distribution
Address Breakdown
Residential
3,054
Single Family
2,818
Multi-Family
236
Businesses
246
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