660 East Lake AvenueMonticelloWI53570
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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 Monticello at 660 East Lake Avenue, Monticello, WI, 53570 priced at $205,000 converts $1,691/mo rent into $316/mo cash flow after a $1,003/mo obligation. Total monthly income equals $1,691/mo, and annual cash flow totals $3,787/yr on $67,958 invested. Return on cash invested prints 25.48% in year one, and rental yield reads 9.9% against a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation compiles into $56,638 by year five. Five-year ROI reaches 133.42% and total cumulative return in cash sums $90,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,691/mo property income covering a $1,003/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53570, Monticello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,224 (100%) |
| Owner Occupied HU | 915 (74.8%) |
| Renter Occupied HU | 233 (19.0%) |
| Vacant Housing Units | 76 ( 6.2%) |
| Median Home Value | $267,287 |
| Average Home Value | $339,825 |
Housing Distribution
Address Breakdown
Residential
1,000
Single Family
944
Multi-Family
56
Businesses
63
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Listed by: Jeff Babler • EXP Realty, LLC
Mls Name: WIREX MLS
Mls ID: #2012135