219 East Water STREETWatertownWI53094
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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 219 East Water STREET, Watertown, WI, 53094 generates $2,308/mo in rent and, after a $1,344/mo payment, leaves $465/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $5,584/yr on $90,997 invested. Return on cash invested sits at 26.05% in year one, and rental yield is 10.09% on a $274,500 entry. Equity gained on principal adds $1,771/yr, while 5% annual appreciation builds toward $75,839 over five years. Five-year ROI reaches 136.46% and total cumulative return in cash sums $124,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53094, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,804 (100%) |
| Owner Occupied HU | 4,925 (63.1%) |
| Renter Occupied HU | 2,523 (32.3%) |
| Vacant Housing Units | 356 ( 4.6%) |
| Median Home Value | $281,574 |
| Average Home Value | $368,714 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
6,761
Multi-Family
754
Businesses
714
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