1407 Erin LANEWaukeshaWI53188
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1407 Erin LANE, Waukesha, WI, 53188 in Waukesha. Priced at $365,000, it generates $3,078/mo in gross rent and $628/mo in net monthly cash flow, a 10.12% yield that comfortably supports the 1.88 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,541. Five-year appreciation: $100,843. Equity from principal paydown: $3,362/yr. Total projected cumulative return: $179,688.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.5% |
| Monthly Cash Flow | $628 | $2,100 |
City averages based on Waukesha market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,078 |
| Total Monthly Debt Service | $2,304 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53188, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,816 (100%) |
| Owner Occupied HU | 9,828 (62.1%) |
| Renter Occupied HU | 5,481 (34.7%) |
| Vacant Housing Units | 507 ( 3.2%) |
| Median Home Value | $368,314 |
| Average Home Value | $405,689 |
Housing Distribution
Address Breakdown
Residential
15,254
Single Family
12,287
Multi-Family
2,967
Businesses
928
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
Single Family
Built in 1985
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53188, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,816 (100%) |
| Owner Occupied HU | 9,828 (62.1%) |
| Renter Occupied HU | 5,481 (34.7%) |
| Vacant Housing Units | 507 ( 3.2%) |
| Median Home Value | $368,314 |
| Average Home Value | $405,689 |
Housing Distribution
Address Breakdown
Residential
15,254
Single Family
12,287
Multi-Family
2,967
Businesses
928
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
