1124 Aspen DRIVEWaukeshaWI53188
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Waukesha rental at 1124 Aspen DRIVE, Waukesha, WI, 53188 sits in the solid-income band: 9.2% gross yield, $2,357/mo rent, $300/mo net after the $1,416/mo debt service, DSCR 1.66. Entry price of $315,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $87,029 and $2,901/yr in principal reduction bring total cumulative return to $135,826.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 5.5% |
| Monthly Cash Flow | $300 | $2,100 |
City averages based on Waukesha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,357 |
| Total Monthly Debt Service | $1,989 |
| DSCR Ratio | 1.19x |
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.
Single Family
Built in 1957
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53188, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,816 (100%) |
| Owner Occupied HU | 9,828 (62.1%) |
| Renter Occupied HU | 5,481 (34.7%) |
| Vacant Housing Units | 507 ( 3.2%) |
| Median Home Value | $368,314 |
| Average Home Value | $405,689 |
Housing Distribution
Address Breakdown
Residential
15,254
Single Family
12,287
Multi-Family
2,967
Businesses
928
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
Single Family
Built in 1957
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53188, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,816 (100%) |
| Owner Occupied HU | 9,828 (62.1%) |
| Renter Occupied HU | 5,481 (34.7%) |
| Vacant Housing Units | 507 ( 3.2%) |
| Median Home Value | $368,314 |
| Average Home Value | $405,689 |
Housing Distribution
Address Breakdown
Residential
15,254
Single Family
12,287
Multi-Family
2,967
Businesses
928
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Bronk Wieland • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913476
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.