705 Prospect StreetBlanchardvilleWI53516
Nearby investment properties with comparable rents
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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 Blanchardville at 705 Prospect Street, Blanchardville, WI, 53516 priced at $179,000 converts $1,532/mo rent into $331/mo cash flow after a $876/mo obligation. Total monthly income equals $1,532/mo, and annual cash flow totals $3,970/yr on $59,339 invested. Return on cash invested prints 26.6% in year one, and rental yield reads 10.27% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 139.42% and total cumulative return in cash sums $82,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,532/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53516, Blanchardville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,018 (100%) |
| Owner Occupied HU | 798 (78.4%) |
| Renter Occupied HU | 149 (14.6%) |
| Vacant Housing Units | 71 ( 7.0%) |
| Median Home Value | $373,913 |
| Average Home Value | $436,848 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
884
Multi-Family
28
Businesses
50
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Listed by: Paul Garthwaite • Garthwaite Auction & Realty, LLC
Mls Name: WIREX MLS
Mls ID: #2011656