1012 Gateway PassVeronaWI53593
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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
Rental property for sale in Verona at 1012 Gateway Pass, Verona, WI, 53593 priced at $680,000 converts $3,798/mo rent into after a $3,328/mo obligation. Total monthly income equals $3,798/mo. Return on cash invested prints 15.96% in year one, and rental yield reads 6.7% against a $680,000 entry. Equity gained on principal adds $4,388/yr, while 5% annual appreciation compiles into $187,871 by year five. Five-year ROI reaches 82.3% and total cumulative return in cash sums $184,116. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,798/mo property income covering a $3,328/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53593, Verona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 8,759 (61.8%) |
| Renter Occupied HU | 4,821 (34.0%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $531,009 |
| Average Home Value | $569,188 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
10,051
Multi-Family
3,909
Businesses
674
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Listed by: Kelly Gilboy • Restaino & Associates
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995827
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.