1621 Carlson PlaceWatertownWI53094
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1621 Carlson Place, Watertown, WI, 53094 offers a 8.1% rental yield on a $400,000 purchase with $2,701/mo rent. Total monthly income registers $2,701/mo, and a $1,958/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $196/yr on $132,600 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 104.34% and total cumulative return in cash at $138,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,701/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
0.54 Acres 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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