1278 Meadowbrook DRIVE #2ClevelandWI53015
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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 Cleveland at 1278 Meadowbrook DRIVE #2, Cleveland, WI, 53015 generates $2,263/mo in rent and, after a $1,312/mo payment, leaves $464/mo in cash flow. Total monthly income is $2,263/mo, and annual cash flow is $5,570/yr on $88,842 invested. Return on cash invested sits at 26.18% in year one, and rental yield is 10.13% on a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 137.19% and total cumulative return in cash sums $121,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,263/mo property income rather than buyer’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53015, Cleveland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,101 (100%) |
| Owner Occupied HU | 870 (79.0%) |
| Renter Occupied HU | 153 (13.9%) |
| Vacant Housing Units | 78 ( 7.1%) |
| Median Home Value | $275,556 |
| Average Home Value | $321,336 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
982
Multi-Family
13
Businesses
52
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