1306 Colonial DRIVEWatertownWI53098
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Watertown at 1306 Colonial DRIVE, Watertown, WI, 53098 generates $2,641/mo in rent and, after a $1,799/mo payment, leaves $174/mo in cash flow. Total monthly income is $2,641/mo, and annual cash flow is $2,092/yr on $121,826 invested. Return on cash invested sits at 21.63% in year one, and rental yield is 8.62% on a $367,500 entry. Equity gained on principal adds $2,371/yr, while 5% annual appreciation builds toward $101,533 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash sums $137,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,641/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53098, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,475 (67.2%) |
| Renter Occupied HU | 1,486 (28.7%) |
| Vacant Housing Units | 209 ( 4.0%) |
| Median Home Value | $281,300 |
| Average Home Value | $334,335 |
Housing Distribution
Address Breakdown
Residential
4,969
Single Family
4,550
Multi-Family
419
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices