N3104 County Rd NMelroseWI54642
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
Investment property for sale in Melrose at N3104 County Rd N, Melrose, WI, 54642 at $285,000 posts ROI 20.03% with $9/mo cash flow from $1,922/mo rent. Total monthly income equals $1,922/mo, and annual cash flow records $111/yr on $94,478 to close. Return on cash invested measures 20.03% and rental yield reads 8.09% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 104.2% and total cumulative return in cash totals $98,442.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,922/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54642, Melrose, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 624 (72.4%) |
| Renter Occupied HU | 160 (18.6%) |
| Vacant Housing Units | 78 ( 9.0%) |
| Median Home Value | $277,344 |
| Average Home Value | $351,470 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
821
Multi-Family
24
Businesses
44
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Listed by: Tammy Simmons • REMAX Affiliates
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1893332
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.