W2138 Melmar DriveMarkesanWI53946
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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
Investment property for sale in Markesan at W2138 Melmar Drive, Markesan, WI, 53946 listed at $599,000 pairs $1,963/mo rent with a $2,932/mo payment. Total monthly income runs $1,963/mo. Return on cash invested measures 7.53% in year one, and rental yield registers 3.93% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 37.14% and total cumulative return in cash totals $73,186. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,963/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53946, Markesan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,531 (60.4%) |
| Renter Occupied HU | 299 (11.8%) |
| Vacant Housing Units | 705 (27.8%) |
| Median Home Value | $296,676 |
| Average Home Value | $403,419 |
Housing Distribution
Address Breakdown
Residential
1,942
Single Family
1,899
Multi-Family
43
Businesses
95
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Listed by: Mary Ferge • Emmer Real Estate Group, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998446
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