124 Phillips AVENUEWalworthWI53184
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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
Rental property for sale in Walworth at 124 Phillips AVENUE, Walworth, WI, 53184 priced at $350,000 converts $2,574/mo rent into $225/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,574/mo, and annual cash flow totals $2,702/yr on $116,025 invested. Return on cash invested prints 22.24% in year one, and rental yield reads 8.83% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 116.05% and total cumulative return in cash sums $134,642. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,574/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1880
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53184, Walworth, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 1,210 (64.8%) |
| Renter Occupied HU | 536 (28.7%) |
| Vacant Housing Units | 120 ( 6.4%) |
| Median Home Value | $336,339 |
| Average Home Value | $417,529 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,524
Multi-Family
76
Businesses
168
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Listed by: Donna Brongiel • Compass Wisconsin-Lake Geneva
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1891988
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.