857 Highway 61ReadstownWI54652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Readstown at 857 Highway 61, Readstown, WI, 54652 generates $792/mo in rent, after a $636/mo payment. Total monthly income is $792/mo. Return on cash invested sits at 17.68% in year one, and rental yield is 7.31% on a $129,999 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,916 over five years. Five-year ROI reaches 91.56% and total cumulative return in cash sums $39,458. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $792/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54652, Readstown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 325 (62.0%) |
| Renter Occupied HU | 92 (17.6%) |
| Vacant Housing Units | 107 (20.4%) |
| Median Home Value | $272,794 |
| Average Home Value | $294,754 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
377
Multi-Family
21
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kayla Elding • Relish Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998294
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.