3007 Mourning Dove DriveCottage GroveWI53527
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 3007 Mourning Dove Drive, Cottage Grove, WI, 53527 in Cottage Grove at $740,000. Rental yield 6.95%. The 6.95% yield and 1.29 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $204,448 by year five, and $6,815/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $238,665.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.2% |
| Monthly Cash Flow | $(677) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,289 |
| Total Monthly Debt Service | $4,672 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2016
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53527, Cottage Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 3,351 (71.1%) |
| Renter Occupied HU | 1,244 (26.4%) |
| Vacant Housing Units | 121 ( 2.6%) |
| Median Home Value | $468,727 |
| Average Home Value | $495,434 |
Housing Distribution
Address Breakdown
Residential
4,800
Single Family
4,001
Multi-Family
799
Businesses
262
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
Single Family
Built in 2016
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53527, Cottage Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 3,351 (71.1%) |
| Renter Occupied HU | 1,244 (26.4%) |
| Vacant Housing Units | 121 ( 2.6%) |
| Median Home Value | $468,727 |
| Average Home Value | $495,434 |
Housing Distribution
Address Breakdown
Residential
4,800
Single Family
4,001
Multi-Family
799
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Seifert • Realty Executives Capital City
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2002051
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved