W14548 Black River Ridge DRIVEMelroseWI54642
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider W14548 Black River Ridge DRIVE, Melrose, WI, 54642 in Melrose. Rental yield 5.13%. At $760,000 with 5.13% gross yield, current distributions are modest, but the 5% appreciation rate projects $209,974 in new equity by year five, complemented by $7,000/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.95) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $170,688.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.2% |
| Monthly Cash Flow | $(1,853) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,247 |
| Total Monthly Debt Service | $4,798 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
3.57 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
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
Single Family
Built in 2023
3.57 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
