1823 Paramount DRIVE #DWaukeshaWI53186
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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 1823 Paramount DRIVE #D, Waukesha, WI, 53186 uses $77,903 cash to close to unlock $8,593/yr annual cash flow and $716/mo monthly cash flow. Total monthly income runs $2,293/mo, and a $1,150/mo payment keeps the spread at $716/mo. Purchase price stands at $235,000, and rental yield measures 11.71% with $2,293/mo rent. Return on cash invested shows 30.94% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 162.72% and total cumulative return in cash records $126,760. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,293/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53186, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,582 (100%) |
| Owner Occupied HU | 8,368 (53.7%) |
| Renter Occupied HU | 6,590 (42.3%) |
| Vacant Housing Units | 624 ( 4.0%) |
| Median Home Value | $336,012 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
14,625
Single Family
10,513
Multi-Family
4,112
Businesses
1,483
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