711 3rd STREETKielWI53042
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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 Kiel at 711 3rd STREET, Kiel, WI, 53042 priced at $220,000 converts $984/mo rent into after a $1,077/mo obligation. Total monthly income equals $984/mo. Return on cash invested prints 11.8% in year one, and rental yield reads 5.37% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 60.09% and total cumulative return in cash sums $43,823. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $984/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Multi Family
Built in 1916
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53042, Kiel, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,387 (100%) |
| Owner Occupied HU | 2,482 (73.3%) |
| Renter Occupied HU | 616 (18.2%) |
| Vacant Housing Units | 289 ( 8.5%) |
| Median Home Value | $285,897 |
| Average Home Value | $348,780 |
Housing Distribution
Address Breakdown
Residential
3,112
Single Family
2,963
Multi-Family
149
Businesses
203
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Listed by: Paul Norlander • Suscha Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1906411
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.