2309 Rickert DRIVEWaukeshaWI53189
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
Investment Highlights
Rental property for sale in Waukesha at 2309 Rickert DRIVE, Waukesha, WI, 53189 offers $3,235/mo rent that, after a $2,639/mo payment. Total monthly income is $3,235/mo. Return on cash invested measures 17.47% in year one, and rental yield stands at 7.2% at a $539,201 entry. Equity gained on principal adds $3,479/yr while 5% annual appreciation compounds into $148,971 by year five. Five-year ROI records 90.4% and total cumulative return in cash reaches $160,371. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,235/mo property income versus a $2,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53189, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,874 (100%) |
| Owner Occupied HU | 8,305 (76.4%) |
| Renter Occupied HU | 2,336 (21.5%) |
| Vacant Housing Units | 233 ( 2.1%) |
| Median Home Value | $407,175 |
| Average Home Value | $443,312 |
Housing Distribution
Address Breakdown
Residential
10,730
Single Family
9,966
Multi-Family
764
Businesses
480
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