2933 West Drexel AVENUE #509FranklinWI53132
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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 2933 West Drexel AVENUE #509, Franklin, WI, 53132 earns $179/mo cash flow from $2,626/mo rent with a $1,566/mo payment. Total monthly income totals $2,626/mo, and annual cash flow totals $2,144/yr on $106,080 capital. ROI tracks 21.93% on current figures, and rental yield reads 9.85% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 115.59% and total cumulative return in cash sums $122,619. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,626/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$300 monthly 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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