2849 West Drexel AVENUE #605FranklinWI53132
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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 Franklin at 2849 West Drexel AVENUE #605, Franklin, WI, 53132 listed at $180,000 pairs $1,757/mo rent with a $881/mo payment to leave $549/mo cash flow. Total monthly income runs $1,757/mo, and annual cash flow reaches $6,588/yr on $59,670 cash to close. Return on cash invested measures 30.95% in year one, and rental yield registers 11.71% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 162.7% and total cumulative return in cash totals $97,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,757/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53132, Franklin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,339 (100%) |
| Owner Occupied HU | 11,000 (71.7%) |
| Renter Occupied HU | 3,682 (24.0%) |
| Vacant Housing Units | 657 ( 4.3%) |
| Median Home Value | $389,531 |
| Average Home Value | $426,848 |
Housing Distribution
Address Breakdown
Residential
14,862
Single Family
12,396
Multi-Family
2,466
Businesses
848
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