1402 Richards AVENUEWatertownWI53094
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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 Watertown at 1402 Richards AVENUE, Watertown, WI, 53094 listed at $499,900 pairs $2,731/mo rent with a $2,447/mo payment. Total monthly income runs $2,731/mo. Return on cash invested measures 15.39% in year one, and rental yield registers 6.56% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 79.29% and total cumulative return in cash totals $131,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,731/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53094, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,804 (100%) |
| Owner Occupied HU | 4,925 (63.1%) |
| Renter Occupied HU | 2,523 (32.3%) |
| Vacant Housing Units | 356 ( 4.6%) |
| Median Home Value | $281,574 |
| Average Home Value | $368,714 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
6,761
Multi-Family
754
Businesses
714
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