12990 West Bluemound ROAD #207Elm 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 12990 West Bluemound ROAD #207, Elm Grove, WI, 53122 uses $65,637 cash to close to unlock $13,396/yr annual cash flow and $1,116/mo monthly cash flow. Total monthly income runs $2,880/mo, and a $969/mo payment keeps the spread at $1,116/mo. Purchase price stands at $198,000, and rental yield measures 17.45% with $2,880/mo rent. Return on cash invested shows 40.32% in year one, and 5% annual appreciation builds toward $54,704 over five years. Five-year ROI reaches 215.9% and total cumulative return in cash records $141,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,880/mo property income covering a $969/mo payment rather than investor’s personal income.
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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