1008 Pilgrim PARKWAYElm GroveWI53122
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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 Elm Grove at 1008 Pilgrim PARKWAY, Elm Grove, WI, 53122 offers a 9.91% rental yield on a $389,000 purchase with $3,212/mo rent. Total monthly income registers $3,212/mo, and a $1,904/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,616/yr on $128,954 to close, and return on cash invested stands at 22.71% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 119.59% and total cumulative return in cash at $154,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,212/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53122, Elm Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 2,375 (87.6%) |
| Renter Occupied HU | 196 ( 7.2%) |
| Vacant Housing Units | 140 ( 5.2%) |
| Median Home Value | $571,627 |
| Average Home Value | $594,482 |
Housing Distribution
Address Breakdown
Residential
2,601
Single Family
2,280
Multi-Family
321
Businesses
440
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