218 South Musket Ridge Drive #6Sun PrairieWI53590
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 218 South Musket Ridge Drive #6, Sun Prairie, WI, 53590 in Sun Prairie achieves a 1.54 ratio at $295,000: $2,041/mo rent versus $1,327/mo debt service. Rental yield 8.3%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.3% yield compounds alongside 5% annual appreciation projecting $81,503 in value. Total projected cumulative return: $116,478.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.5% |
| Monthly Cash Flow | $(39) | $450 |
City averages based on Sun Prairie market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,041 |
| Total Monthly Debt Service | $1,862 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53590, Sun Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,260 (100%) |
| Owner Occupied HU | 11,887 (61.7%) |
| Renter Occupied HU | 6,470 (33.6%) |
| Vacant Housing Units | 903 ( 4.7%) |
| Median Home Value | $415,037 |
| Average Home Value | $446,665 |
Housing Distribution
Address Breakdown
Residential
19,092
Single Family
14,834
Multi-Family
4,258
Businesses
1,156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53590, Sun Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,260 (100%) |
| Owner Occupied HU | 11,887 (61.7%) |
| Renter Occupied HU | 6,470 (33.6%) |
| Vacant Housing Units | 903 ( 4.7%) |
| Median Home Value | $415,037 |
| Average Home Value | $446,665 |
Housing Distribution
Address Breakdown
Residential
19,092
Single Family
14,834
Multi-Family
4,258
Businesses
1,156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: WIREX MLS
Mls ID: #2020087