1032 Ridgeway DRIVE UNIT Lt3PewaukeeWI53072
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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 Pewaukee at 1032 Ridgeway DRIVE UNIT Lt3, Pewaukee, WI, 53072 offers a 8.61% rental yield on a $499,900 purchase with $3,588/mo rent. Total monthly income registers $3,588/mo, and a $2,447/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,794/yr on $165,717 to close, and return on cash invested stands at 21.6% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 112.57% and total cumulative return in cash at $186,540. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,588/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53072, Pewaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 8,642 (71.3%) |
| Renter Occupied HU | 2,945 (24.3%) |
| Vacant Housing Units | 534 ( 4.4%) |
| Median Home Value | $516,058 |
| Average Home Value | $584,935 |
Housing Distribution
Address Breakdown
Residential
12,079
Single Family
10,252
Multi-Family
1,827
Businesses
1,092
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Listed by: Michelle Laporte • Bielinski Homes, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1876955
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.