W53 Evanger RoadIndependenceWI54747
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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 Independence at W53 Evanger Road, Independence, WI, 54747 listed at $675,000 pairs $1,985/mo rent with a $3,304/mo payment. Total monthly income runs $1,985/mo. Return on cash invested measures 6.31% in year one, and rental yield registers 3.53% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 30.55% and total cumulative return in cash totals $67,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,985/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54747, Independence, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 750 (62.2%) |
| Renter Occupied HU | 312 (25.9%) |
| Vacant Housing Units | 143 (11.9%) |
| Median Home Value | $248,969 |
| Average Home Value | $357,957 |
Housing Distribution
Address Breakdown
Residential
1,019
Single Family
930
Multi-Family
89
Businesses
42
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Listed by: Brandi Berg • Property Executives Realty
Mls Name: WIREX MLS
Mls ID: #1597524