1891 Parknoll LANEPort WashingtonWI53074
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 Port Washington at 1891 Parknoll LANE, Port Washington, WI, 53074 offers a 8.29% rental yield on a $229,900 purchase with $1,589/mo rent. Total monthly income registers $1,589/mo, and a $1,125/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $556/yr on $76,212 to close, and return on cash invested stands at 20.64% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 107.48% and total cumulative return in cash at $81,911. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,589/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53074, Port Washington, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,925 (63.4%) |
| Renter Occupied HU | 1,948 (31.4%) |
| Vacant Housing Units | 322 ( 5.2%) |
| Median Home Value | $335,091 |
| Average Home Value | $390,703 |
Housing Distribution
Address Breakdown
Residential
5,989
Single Family
5,220
Multi-Family
769
Businesses
491
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Listed by: Amy Hopfinger & Co. Team* • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls ID: #1939092