1138 West Rosemary ROADElkhornWI53121
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
Investment Highlights
Investment property for sale in Elkhorn at 1138 West Rosemary ROAD, Elkhorn, WI, 53121 offers a 8.8% rental yield on a $364,000 purchase with $2,668/mo rent. Total monthly income registers $2,668/mo, and a $1,782/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,697/yr on $120,666 to close, and return on cash invested stands at 22.14% in year one. Equity gained on principal adds $2,349/yr while 5% annual appreciation supports $100,566 over five years. Portfolio math shows five-year ROI at 115.51% and total cumulative return in cash at $139,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,668/mo property income against a $1,782/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53121, Elkhorn, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,796 (100%) |
| Owner Occupied HU | 5,666 (64.4%) |
| Renter Occupied HU | 2,000 (22.7%) |
| Vacant Housing Units | 1,130 (12.8%) |
| Median Home Value | $358,424 |
| Average Home Value | $427,617 |
Housing Distribution
Address Breakdown
Residential
8,416
Single Family
7,901
Multi-Family
515
Businesses
722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Hibl • Hibl's Real Estate Sales, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1894070
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.