S3228 Lake Virginia RoadReedsburgWI53959
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 Reedsburg at S3228 Lake Virginia Road, Reedsburg, WI, 53959 uses $137,407 cash to close to unlock $5,412/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $3,233/mo, and a $2,029/mo payment keeps the spread at $451/mo. Purchase price stands at $414,500, and rental yield measures 9.36% with $3,233/mo rent. Return on cash invested shows 23.85% in year one, and 5% annual appreciation builds toward $114,519 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash records $171,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,233/mo property income covering a $2,029/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53959, Reedsburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,383 (100%) |
| Owner Occupied HU | 4,122 (64.6%) |
| Renter Occupied HU | 1,830 (28.7%) |
| Vacant Housing Units | 431 ( 6.8%) |
| Median Home Value | $292,890 |
| Average Home Value | $362,179 |
Housing Distribution
Address Breakdown
Residential
6,267
Single Family
5,567
Multi-Family
700
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Alibrando • RE/MAX Preferred
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992758
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.