2043 Pine Ridge COURT #GGraftonWI53024
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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
Rental property for sale in Grafton at 2043 Pine Ridge COURT #G, Grafton, WI, 53024 offers $2,267/mo rent that, after a $1,272/mo payment, leaves $323/mo cash flow. Total monthly income is $2,267/mo, and annual cash flow is $3,874/yr on $86,157 cash. Return on cash invested measures 24.41% in year one, and rental yield stands at 10.47% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 128.62% and total cumulative return in cash reaches $110,818. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,267/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1995
N/A lot
$N/A/sqft
$200 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
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