1520 East Main STREETWatertownWI53094
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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 1520 East Main STREET, Watertown, WI, 53094 uses $74,588 cash to close to unlock $8,727/yr annual cash flow and $727/mo monthly cash flow. Total monthly income runs $2,237/mo, and a $1,101/mo payment keeps the spread at $727/mo. Purchase price stands at $225,000, and rental yield measures 11.93% with $2,237/mo rent. Return on cash invested shows 31.61% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 166.3% and total cumulative return in cash records $124,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1950
7,405 sqft 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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