2117 1st AVENUEGraftonWI53024
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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 Grafton at 2117 1st AVENUE, Grafton, WI, 53024 uses $90,168 cash to close to unlock $7,582/yr annual cash flow and $632/mo monthly cash flow. Total monthly income runs $2,892/mo, and a $1,331/mo payment keeps the spread at $632/mo. Purchase price stands at $272,000, and rental yield measures 12.76% with $2,892/mo rent. Return on cash invested shows 28.32% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 150.71% and total cumulative return in cash records $135,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,892/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$435 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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