701 2nd Street, Melrose, WI, 54642 | $172/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Melrose at 701 2nd Street, Melrose, WI, 54642 offers a 9.08% rental yield on a $200,000 purchase with $1,514/mo rent. Total monthly income registers $1,514/mo, and a $979/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,060/yr on $66,300 to close, and return on cash invested stands at 23.02% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 120.21% and total cumulative return in cash at $79,700. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1940

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 54642, Melrose, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	862 (100%)
Owner Occupied HU	624 (72.4%)
Renter Occupied HU	160 (18.6%)
Vacant Housing Units	78 ( 9.0%)
Median Home Value	$277,344
Average Home Value	$351,470