2825 Glen Ivy DRIVEWest BendWI53090
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 2825 Glen Ivy DRIVE, West Bend, WI, 53090 in West Bend achieves 1.63, rent of $2,561/mo covers the $1,574/mo payment 1.5x over at $350,000. Rental yield 8.78%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $96,699 over five years, with $3,224/yr in principal reduction bringing total projected return to $130,687.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 4.8% |
| Monthly Cash Flow | $(63) | $285 |
City averages based on West Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,561 |
| Total Monthly Debt Service | $2,485 |
| DSCR Ratio | 1.03x |
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 2005
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53090, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 7,014 (72.8%) |
| Renter Occupied HU | 2,250 (23.3%) |
| Vacant Housing Units | 374 ( 3.9%) |
| Median Home Value | $344,387 |
| Average Home Value | $395,351 |
Housing Distribution
Address Breakdown
Residential
9,095
Single Family
8,261
Multi-Family
834
Businesses
233
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 2005
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53090, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 7,014 (72.8%) |
| Renter Occupied HU | 2,250 (23.3%) |
| Vacant Housing Units | 374 ( 3.9%) |
| Median Home Value | $344,387 |
| Average Home Value | $395,351 |
Housing Distribution
Address Breakdown
Residential
9,095
Single Family
8,261
Multi-Family
834
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
