1820 Ridgeway Dr UNIT 62ADe PereWI54115
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1820 Ridgeway Dr UNIT 62A, De Pere, WI, 54115 in De Pere at $216,500 earns $1,752/mo in rent and nets $69/mo after the $974/mo payment, a 9.71% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,815 over five years. Ziffy Mortgage underwrites this on a 1.80 DSCR without U.S. credit history. With $1,994/yr in principal paydown, total projected return reaches $88,001.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.2% |
| Monthly Cash Flow | $69 | $450 |
City averages based on De Pere market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,752 |
| Total Monthly Debt Service | $1,597 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
$230 monthly HOA
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
Condo
Built in 1985
N/A lot
$N/A/sqft
$230 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy M Duckett • Coldwell Banker Real Estate Group
Mls Name: RANW
Mls ID: #50311585
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