1343 Meadowcreek DRIVE UNIT CPewaukeeWI53072
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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
Rental property for sale in Pewaukee at 1343 Meadowcreek DRIVE UNIT C, Pewaukee, WI, 53072 priced at $199,900 converts $1,805/mo rent into $239/mo cash flow after a $978/mo obligation. Total monthly income equals $1,805/mo, and annual cash flow totals $2,866/yr on $66,267 invested. Return on cash invested prints 24.23% in year one, and rental yield reads 10.84% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 128.19% and total cumulative return in cash sums $84,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,805/mo property income covering a $978/mo payment, not borrower’s personal income.
Condo
Built in 1992
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53072, Pewaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 8,642 (71.3%) |
| Renter Occupied HU | 2,945 (24.3%) |
| Vacant Housing Units | 534 ( 4.4%) |
| Median Home Value | $516,058 |
| Average Home Value | $584,935 |
Housing Distribution
Address Breakdown
Residential
12,079
Single Family
10,252
Multi-Family
1,827
Businesses
1,092
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Listed by: Jamie Niederbaumer • M3 Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910821
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.