1521 Ridgewood DRIVEWest BendWI53095
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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 West Bend at 1521 Ridgewood DRIVE, West Bend, WI, 53095 listed at $368,000 pairs $2,380/mo rent with a $1,801/mo payment. Total monthly income runs $2,380/mo. Return on cash invested measures 16.08% in year one, and rental yield registers 7.76% at a $368,000 basis. Equity gained on principal adds $2,375/yr, and annual property appreciation at 5% supports $101,672 by year five. Five-year ROI tracks 84.07% and total cumulative return in cash totals $102,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,380/mo property income relative to a $1,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53095, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,449 (100%) |
| Owner Occupied HU | 8,234 (66.1%) |
| Renter Occupied HU | 3,471 (27.9%) |
| Vacant Housing Units | 744 ( 6.0%) |
| Median Home Value | $379,041 |
| Average Home Value | $417,701 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,503
Multi-Family
1,685
Businesses
1,123
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Listed by: Glen Hupfer • RE/MAX United - West Bend
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909781
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.