1497 Cedar Creek PARKWAYGraftonWI53024
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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 1497 Cedar Creek PARKWAY, Grafton, WI, 53024 uses $148,844 cash to close to unlock $7,600/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $3,647/mo, and a $2,198/mo payment keeps the spread at $633/mo. Purchase price stands at $449,000, and rental yield measures 9.75% with $3,647/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 130.92% and total cumulative return in cash records $194,872. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,647/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1968
1 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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Listed by: Matthew Yogerst • Boss Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895289
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.