29 Garrison Drive #52EvansvilleWI53536
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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
Rental property for sale in Evansville at 29 Garrison Drive #52, Evansville, WI, 53536 generates $1,468/mo in rent and, after a $856/mo payment, leaves $164/mo in cash flow. Total monthly income is $1,468/mo, and annual cash flow is $1,971/yr on $57,979 invested. Return on cash invested sits at 23.31% in year one, and rental yield is 10.07% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 122.82% and total cumulative return in cash sums $71,208. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,468/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53536, Evansville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,838 (100%) |
| Owner Occupied HU | 2,877 (75.0%) |
| Renter Occupied HU | 840 (21.9%) |
| Vacant Housing Units | 121 ( 3.2%) |
| Median Home Value | $321,908 |
| Average Home Value | $355,177 |
Housing Distribution
Address Breakdown
Residential
3,770
Single Family
3,570
Multi-Family
200
Businesses
238
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Listed by: Melani Phillips • Luchsinger Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997674
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.