1113 Schmidt ROAD #1West BendWI53090
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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 West Bend at 1113 Schmidt ROAD #1, West Bend, WI, 53090 offers a 11.62% rental yield on a $213,000 purchase with $2,063/mo rent. Total monthly income registers $2,063/mo, and a $1,043/mo payment leaves $468/mo available for distribution. Annual cash flow reaches $5,617/yr on $70,610 to close, and return on cash invested stands at 27.86% in year one. Equity gained on principal adds $1,374/yr while 5% annual appreciation supports $58,848 over five years. Portfolio math shows five-year ROI at 147.26% and total cumulative return in cash at $103,977. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,063/mo property income against a $1,043/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53090, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 7,014 (72.8%) |
| Renter Occupied HU | 2,250 (23.3%) |
| Vacant Housing Units | 374 ( 3.9%) |
| Median Home Value | $344,387 |
| Average Home Value | $395,351 |
Housing Distribution
Address Breakdown
Residential
9,095
Single Family
8,261
Multi-Family
834
Businesses
233
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