7738 242nd AVENUESalemWI53168
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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 7738 242nd AVENUE, Salem, WI, 53168 earns $216/mo cash flow from $2,128/mo rent with a $1,394/mo payment. Total monthly income totals $2,128/mo, and annual cash flow totals $2,597/yr on $94,444 capital. ROI tracks 22.66% on current figures, and rental yield reads 8.96% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 118.29% and total cumulative return in cash sums $111,719. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,128/mo property income instead of your personal income.
Single Family
Built in 1979
0.36 Acres 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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