2116 Melody LANEWaukeshaWI53186
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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 Waukesha at 2116 Melody LANE, Waukesha, WI, 53186 generates $2,918/mo in rent and, after a $2,055/mo payment, leaves $100/mo in cash flow. Total monthly income is $2,918/mo, and annual cash flow is $1,202/yr on $139,197 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.34% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash sums $150,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,918/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.32 Acres 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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Listed by: Julane Myers • Century 21 Benefit Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915362
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.