702 6th StreetAlbanyWI53502
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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 Albany at 702 6th Street, Albany, WI, 53502 uses $91,129 cash to close to unlock $6,247/yr annual cash flow and $521/mo monthly cash flow. Total monthly income runs $2,365/mo, and a $1,346/mo payment keeps the spread at $521/mo. Purchase price stands at $274,900, and rental yield measures 10.32% with $2,365/mo rent. Return on cash invested shows 26.76% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 140.3% and total cumulative return in cash records $127,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,365/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1895
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53502, Albany, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,165 (100%) |
| Owner Occupied HU | 845 (72.5%) |
| Renter Occupied HU | 262 (22.5%) |
| Vacant Housing Units | 58 ( 5.0%) |
| Median Home Value | $280,357 |
| Average Home Value | $346,453 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
954
Multi-Family
42
Businesses
43
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