E7988 Schanke RoadRock SpringsWI53961
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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
Investment property for sale in Rock Springs at E7988 Schanke Road, Rock Springs, WI, 53961 offers a 9.27% rental yield on a $609,000 purchase with $4,706/mo rent. Total monthly income registers $4,706/mo, and a $2,981/mo payment leaves $619/mo available for distribution. Annual cash flow reaches $7,424/yr on $200,361 to close, and return on cash invested stands at 23.77% in year one. Equity gained on principal adds $3,930/yr while 5% annual appreciation supports $168,255 over five years. Portfolio math shows five-year ROI at 124.18% and total cumulative return in cash at $248,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,706/mo property income against a $2,981/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53961, Rock Springs, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 310 (100%) |
| Owner Occupied HU | 223 (71.9%) |
| Renter Occupied HU | 42 (13.5%) |
| Vacant Housing Units | 45 (14.5%) |
| Median Home Value | $410,833 |
| Average Home Value | $390,729 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
256
Multi-Family
6
Businesses
17
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Listed by: Austin Blacker • First Weber Inc
Mls Name: WIREX MLS
Mls ID: #1987343