12929 North Colony DRIVEMequonWI53097
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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
Investment property for sale in Mequon at 12929 North Colony DRIVE, Mequon, WI, 53097 earns $32/mo cash flow from $2,711/mo rent with a $1,713/mo payment. Total monthly income totals $2,711/mo, and annual cash flow totals $386/yr on $116,025 capital. ROI tracks 20.24% on current figures, and rental yield reads 9.29% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash sums $123,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,711/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53097, Mequon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,295 (100%) |
| Owner Occupied HU | 2,069 (90.2%) |
| Renter Occupied HU | 144 ( 6.3%) |
| Vacant Housing Units | 82 ( 3.6%) |
| Median Home Value | $592,267 |
| Average Home Value | $693,979 |
Housing Distribution
Address Breakdown
Residential
2,289
Single Family
2,289
Multi-Family
0
Businesses
78
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