237 Madison STREET #48WaukeshaWI53188
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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
Investment property for sale in Waukesha at 237 Madison STREET #48, Waukesha, WI, 53188 uses $42,432 cash to close to unlock $1,398/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $1,240/mo, and a $627/mo payment keeps the spread at $116/mo. Purchase price stands at $128,000, and rental yield measures 11.63% with $1,240/mo rent. Return on cash invested shows 23.2% in year one, and 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 123.95% and total cumulative return in cash records $52,595. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $627/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$265 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53188, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,816 (100%) |
| Owner Occupied HU | 9,828 (62.1%) |
| Renter Occupied HU | 5,481 (34.7%) |
| Vacant Housing Units | 507 ( 3.2%) |
| Median Home Value | $368,314 |
| Average Home Value | $405,689 |
Housing Distribution
Address Breakdown
Residential
15,254
Single Family
12,287
Multi-Family
2,967
Businesses
928
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