1600 Commonwealth Drive UNIT 5Fort AtkinsonWI53538
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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 Fort Atkinson at 1600 Commonwealth Drive UNIT 5, Fort Atkinson, WI, 53538 listed at $237,500 pairs $2,288/mo rent with a $1,162/mo payment to leave $445/mo cash flow. Total monthly income runs $2,288/mo, and annual cash flow reaches $5,334/yr on $78,731 cash to close. Return on cash invested measures 26.68% in year one, and rental yield registers 11.56% at a $237,500 basis. Equity gained on principal adds $1,533/yr, and annual property appreciation at 5% supports $65,617 by year five. Five-year ROI tracks 141.27% and total cumulative return in cash totals $111,225. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,288/mo property income relative to a $1,162/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53538, Fort Atkinson, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,379 (100%) |
| Owner Occupied HU | 5,578 (66.6%) |
| Renter Occupied HU | 2,294 (27.4%) |
| Vacant Housing Units | 507 ( 6.1%) |
| Median Home Value | $326,653 |
| Average Home Value | $363,095 |
Housing Distribution
Address Breakdown
Residential
8,082
Single Family
7,278
Multi-Family
804
Businesses
566
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Listed by: Brandon Housley • Artisan Graham Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1985338
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.