823 N Main StMarionWI54950
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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 Marion at 823 N Main St, Marion, WI, 54950 offers $958/mo rent that, after a $587/mo payment, leaves $153/mo cash flow. Total monthly income is $958/mo, and annual cash flow is $1,836/yr on $39,780 cash. Return on cash invested measures 24.52% in year one, and rental yield stands at 9.58% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 128.25% and total cumulative return in cash reaches $51,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $958/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54950, Marion, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 991 (70.8%) |
| Renter Occupied HU | 247 (17.7%) |
| Vacant Housing Units | 161 (11.5%) |
| Median Home Value | $236,538 |
| Average Home Value | $312,220 |
Housing Distribution
Address Breakdown
Residential
1,216
Single Family
1,196
Multi-Family
20
Businesses
79
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