1197 Harmony LANE, Grafton, WI, 53024 | 5.78% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,600/mo, and a $3,661/mo payment. Purchase price stands at $748,000, and rental yield measures 5.78% with $3,600/mo rent. Return on cash invested shows 13.14% in year one, and 5% annual appreciation builds toward $206,659 over five years. Five-year ROI reaches 67.19% and total cumulative return in cash records $165,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $3,661/mo payment rather than investor’s personal income.

Single Family

Built in 2025

0.30 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53024, Grafton, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,245 (100%)
Owner Occupied HU	5,817 (70.6%)
Renter Occupied HU	2,176 (26.4%)
Vacant Housing Units	252 ( 3.1%)
Median Home Value	$393,158
Average Home Value	$465,130