7535 Shorewood DRIVESalemWI53168
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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 Salem at 7535 Shorewood DRIVE, Salem, WI, 53168 uses $81,184 cash to close to unlock $205/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,661/mo, and a $1,199/mo payment keeps the spread at $17/mo. Purchase price stands at $244,900, and rental yield measures 8.14% with $1,661/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash records $85,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,661/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53168, Salem, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,155 (100%) |
| Owner Occupied HU | 3,135 (75.5%) |
| Renter Occupied HU | 654 (15.7%) |
| Vacant Housing Units | 366 ( 8.8%) |
| Median Home Value | $346,453 |
| Average Home Value | $392,881 |
Housing Distribution
Address Breakdown
Residential
3,765
Single Family
3,704
Multi-Family
61
Businesses
189
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Listed by: Robert Limosani • Homestead Realty of Lake Geneva
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915158
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