1804 Hemit AVENUEWaukeshaWI53189
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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 Waukesha at 1804 Hemit AVENUE, Waukesha, WI, 53189 uses $112,047 cash to close to unlock $2,760/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $2,498/mo, and a $1,654/mo payment keeps the spread at $230/mo. Purchase price stands at $338,000, and rental yield measures 8.87% with $2,498/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 116.73% and total cumulative return in cash records $130,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $1,654/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53189, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,874 (100%) |
| Owner Occupied HU | 8,305 (76.4%) |
| Renter Occupied HU | 2,336 (21.5%) |
| Vacant Housing Units | 233 ( 2.1%) |
| Median Home Value | $407,175 |
| Average Home Value | $443,312 |
Housing Distribution
Address Breakdown
Residential
10,730
Single Family
9,966
Multi-Family
764
Businesses
480
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