102 Prairie Heights Drive UNIT 312VeronaWI53593
INVESTMENT ANALYSIS
Investment Verdict
Solid Income102 Prairie Heights Drive UNIT 312, Verona, WI, 53593 in Verona carries a 1.78 coverage ratio, rent of $1,557/mo is 1.78 times the $877/mo payment. Rental yield 9.58%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $195,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $53,875; total projected cumulative return: $72,421.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $(51) | $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 | $1,557 |
| Total Monthly Debt Service | $1,530 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 2001
N/A lot
$N/A/sqft
$299 monthly 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
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
Condo
Built in 2001
N/A lot
$N/A/sqft
$299 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Renee Christman • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1989401
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.