E13585 Grace StreetMerrimacWI53561
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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 Merrimac at E13585 Grace Street, Merrimac, WI, 53561 generates $1,919/mo in rent, after a $1,689/mo payment. Total monthly income is $1,919/mo. Return on cash invested sits at 15.75% in year one, and rental yield is 6.67% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 81.24% and total cumulative return in cash sums $92,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53561, Merrimac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,282 (100%) |
| Owner Occupied HU | 766 (59.8%) |
| Renter Occupied HU | 106 ( 8.3%) |
| Vacant Housing Units | 410 (32.0%) |
| Median Home Value | $468,293 |
| Average Home Value | $532,027 |
Housing Distribution
Address Breakdown
Residential
997
Single Family
997
Multi-Family
0
Businesses
39
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