162 Heidel ROAD #5MequonWI53092
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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 Mequon at 162 Heidel ROAD #5, Mequon, WI, 53092 offers a 13.54% rental yield on a $185,000 purchase with $2,087/mo rent. Total monthly income registers $2,087/mo, and a $905/mo payment leaves $461/mo available for distribution. Annual cash flow reaches $5,531/yr on $61,328 to close, and return on cash invested stands at 28.93% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 154.62% and total cumulative return in cash at $94,827. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,087/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53092, Thiensville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,948 (100%) |
| Owner Occupied HU | 7,412 (74.5%) |
| Renter Occupied HU | 1,846 (18.6%) |
| Vacant Housing Units | 690 ( 6.9%) |
| Median Home Value | $501,205 |
| Average Home Value | $578,299 |
Housing Distribution
Address Breakdown
Residential
9,622
Single Family
8,360
Multi-Family
1,262
Businesses
1,405
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