102 Prairie Heights Drive UNIT 412VeronaWI53593
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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 Verona at 102 Prairie Heights Drive UNIT 412, Verona, WI, 53593 listed at $192,500 pairs $1,865/mo rent with a $942/mo payment to leave $274/mo cash flow. Total monthly income runs $1,865/mo, and annual cash flow reaches $3,291/yr on $63,814 cash to close. Return on cash invested measures 25.07% in year one, and rental yield registers 11.63% at a $192,500 basis. Equity gained on principal adds $1,242/yr, and annual property appreciation at 5% supports $53,184 by year five. Five-year ROI tracks 133.28% and total cumulative return in cash totals $85,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,865/mo property income relative to a $942/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Spencer Schumacher • Spencer Real Estate Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992299
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.