13002 North Phillip 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 13002 North Phillip DRIVE, Mequon, WI, 53097 uses $116,025 cash to close to unlock $19,526/yr annual cash flow and $1,627/mo monthly cash flow. Total monthly income runs $3,976/mo, and a $1,713/mo payment keeps the spread at $1,627/mo. Purchase price stands at $350,000, and rental yield measures 13.63% with $3,976/mo rent. Return on cash invested shows 36.74% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 193.8% and total cumulative return in cash records $224,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,976/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.90 Acres lot
$N/A/sqft
No 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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