217 Fremont StWatertownWI53098
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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 Watertown at 217 Fremont St, Watertown, WI, 53098 priced at $253,900 converts $1,825/mo rent into $121/mo cash flow after a $1,243/mo obligation. Total monthly income equals $1,825/mo, and annual cash flow totals $1,449/yr on $84,168 invested. Return on cash invested prints 21.63% in year one, and rental yield reads 8.63% against a $253,900 entry. Equity gained on principal adds $1,638/yr, while 5% annual appreciation compiles into $70,148 by year five. Five-year ROI reaches 112.76% and total cumulative return in cash sums $94,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,825/mo property income covering a $1,243/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53098, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,475 (67.2%) |
| Renter Occupied HU | 1,486 (28.7%) |
| Vacant Housing Units | 209 ( 4.0%) |
| Median Home Value | $281,300 |
| Average Home Value | $334,335 |
Housing Distribution
Address Breakdown
Residential
4,969
Single Family
4,550
Multi-Family
419
Businesses
119
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