2508 Waterford CtNeenahWI54956
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $369,900, 2508 Waterford Ct, Neenah, WI, 54956 in Neenah generates $3,044/mo in rent (9.88% yield) but nets only $180/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.83) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $102,197. Total projected return: $177,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.8% |
| Monthly Cash Flow | $180 | $350 |
City averages based on Neenah market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,044 |
| Total Monthly Debt Service | $2,335 |
| DSCR Ratio | 1.30x |
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 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54956, Neenah, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 13,827 (66.9%) |
| Renter Occupied HU | 6,133 (29.7%) |
| Vacant Housing Units | 714 ( 3.5%) |
| Median Home Value | $295,164 |
| Average Home Value | $338,651 |
Housing Distribution
Address Breakdown
Residential
20,274
Single Family
17,847
Multi-Family
2,427
Businesses
1,043
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 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54956, Neenah, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,674 (100%) |
| Owner Occupied HU | 13,827 (66.9%) |
| Renter Occupied HU | 6,133 (29.7%) |
| Vacant Housing Units | 714 ( 3.5%) |
| Median Home Value | $295,164 |
| Average Home Value | $338,651 |
Housing Distribution
Address Breakdown
Residential
20,274
Single Family
17,847
Multi-Family
2,427
Businesses
1,043
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices