12980 West Bluemound ROAD UNIT 302Elm GroveWI53122
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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 Elm Grove at 12980 West Bluemound ROAD UNIT 302, Elm Grove, WI, 53122 offers a 9.48% rental yield on a $192,900 purchase with $1,524/mo rent. 05% in year one. Equity gained on principal adds $1,245/yr while 5% annual appreciation supports $53,295 over five years. Portfolio math shows five-year ROI at 85.85% and total cumulative return in cash at $54,899. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,524/mo property income against a $944/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$435 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53122, Elm Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 2,375 (87.6%) |
| Renter Occupied HU | 196 ( 7.2%) |
| Vacant Housing Units | 140 ( 5.2%) |
| Median Home Value | $571,627 |
| Average Home Value | $594,482 |
Housing Distribution
Address Breakdown
Residential
2,601
Single Family
2,280
Multi-Family
321
Businesses
440
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Listed by: Suzanne Powers Realty Group* • Powers Realty Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910280
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.