1949 Blue Spruce COURTGraftonWI53024
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 1949 Blue Spruce COURT, Grafton, WI, 53024 in Grafton at $479,900. Rental yield 7.52%. The 7.52% yield and 1.39 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $132,588 by year five, and $4,420/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $150,207.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $(532) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,008 |
| Total Monthly Debt Service | $3,350 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2013
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53024, Grafton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,245 (100%) |
| Owner Occupied HU | 5,817 (70.6%) |
| Renter Occupied HU | 2,176 (26.4%) |
| Vacant Housing Units | 252 ( 3.1%) |
| Median Home Value | $393,158 |
| Average Home Value | $465,130 |
Housing Distribution
Address Breakdown
Residential
8,544
Single Family
7,599
Multi-Family
945
Businesses
593
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 2013
N/A lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53024, Grafton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,245 (100%) |
| Owner Occupied HU | 5,817 (70.6%) |
| Renter Occupied HU | 2,176 (26.4%) |
| Vacant Housing Units | 252 ( 3.1%) |
| Median Home Value | $393,158 |
| Average Home Value | $465,130 |
Housing Distribution
Address Breakdown
Residential
8,544
Single Family
7,599
Multi-Family
945
Businesses
593
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Mitchell • Community Real Estate Advisors
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910242
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.