216 North Watertown STREETJohnson CreekWI53038
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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 Johnson Creek at 216 North Watertown STREET, Johnson Creek, WI, 53038 generates $2,737/mo in rent and, after a $1,810/mo payment, leaves $255/mo in cash flow. Total monthly income is $2,737/mo, and annual cash flow is $3,060/yr on $122,622 invested. Return on cash invested sits at 22.4% in year one, and rental yield is 8.88% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 116.95% and total cumulative return in cash sums $143,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53038, Johnson Creek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,789 (100%) |
| Owner Occupied HU | 1,357 (75.9%) |
| Renter Occupied HU | 390 (21.8%) |
| Vacant Housing Units | 42 ( 2.3%) |
| Median Home Value | $333,608 |
| Average Home Value | $368,176 |
Housing Distribution
Address Breakdown
Residential
1,654
Single Family
1,560
Multi-Family
94
Businesses
173
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Listed by: Michael Gross • Century 21 Endeavor
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910420
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.