701 North Brooklyn AvenueElroyWI53929
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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 Elroy at 701 North Brooklyn Avenue, Elroy, WI, 53929 with 5% annual appreciation on a $225,000 basis while $1,285/mo rent supports operations. 29% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 6.85%. Five-year ROI measures 84.2% and total cumulative return in cash totals $62,805. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,285/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
17.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
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Listed by: Geri Pettersen • Berkshire Hathaway HomeServices Local Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997744
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