902 Colt DriveBellevilleWI53508
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 Belleville at 902 Colt Drive, Belleville, WI, 53508 priced at $437,900 converts $3,344/mo rent into $405/mo cash flow after a $2,143/mo obligation. Total monthly income equals $3,344/mo, and annual cash flow totals $4,866/yr on $145,164 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 9.16% against a $437,900 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation compiles into $120,984 by year five. Five-year ROI reaches 121.51% and total cumulative return in cash sums $176,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,344/mo property income covering a $2,143/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53508, Belleville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,394 (100%) |
| Owner Occupied HU | 1,939 (81.0%) |
| Renter Occupied HU | 382 (16.0%) |
| Vacant Housing Units | 73 ( 3.0%) |
| Median Home Value | $396,429 |
| Average Home Value | $432,486 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,300
Multi-Family
70
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle Carrier • Best Realty of Edgerton
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1993506
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.