815 5th StreetNew GlarusWI53574
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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 New Glarus at 815 5th Street, New Glarus, WI, 53574 priced at $325,000 converts $1,537/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,537/mo. Return on cash invested prints 12.73% in year one, and rental yield reads 5.68% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 65.05% and total cumulative return in cash sums $70,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,537/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2001
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53574, New Glarus, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,719 (100%) |
| Owner Occupied HU | 1,338 (77.8%) |
| Renter Occupied HU | 283 (16.5%) |
| Vacant Housing Units | 98 ( 5.7%) |
| Median Home Value | $345,695 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,281
Multi-Family
143
Businesses
150
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Listed by: Lexie Harris • EXIT Professional Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998150
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.