1810 Wedgewood DRIVE EAST EastElm GroveWI53122
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
Rental property for sale in Elm Grove at 1810 Wedgewood DRIVE EAST East, Elm Grove, WI, 53122 priced at $735,000 converts $5,042/mo rent into $110/mo cash flow after a $3,597/mo obligation. Total monthly income equals $5,042/mo, and annual cash flow totals $1,317/yr on $241,815 invested. Return on cash invested prints 20.6% in year one, and rental yield reads 8.23% against a $735,000 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation compiles into $203,067 by year five. Five-year ROI reaches 107.22% and total cumulative return in cash sums $259,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,042/mo property income covering a $3,597/mo payment, not borrower’s personal income.
Single Family
Built in 1955
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53122, Elm Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 2,375 (87.6%) |
| Renter Occupied HU | 196 ( 7.2%) |
| Vacant Housing Units | 140 ( 5.2%) |
| Median Home Value | $571,627 |
| Average Home Value | $594,482 |
Housing Distribution
Address Breakdown
Residential
2,601
Single Family
2,280
Multi-Family
321
Businesses
440
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