1321 1st AVENUEGraftonWI53024
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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 Grafton at 1321 1st AVENUE, Grafton, WI, 53024 offers a 11.14% rental yield on a $349,900 purchase with $3,247/mo rent. Total monthly income registers $3,247/mo, and a $1,713/mo payment leaves $898/mo available for distribution. Annual cash flow reaches $10,780/yr on $115,992 to close, and return on cash invested stands at 29.2% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 153.39% and total cumulative return in cash at $177,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,247/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53024, Grafton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,245 (100%) |
| Owner Occupied HU | 5,817 (70.6%) |
| Renter Occupied HU | 2,176 (26.4%) |
| Vacant Housing Units | 252 ( 3.1%) |
| Median Home Value | $393,158 |
| Average Home Value | $465,130 |
Housing Distribution
Address Breakdown
Residential
8,544
Single Family
7,599
Multi-Family
945
Businesses
593
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