301 South 2nd STREETWatertownWI53094
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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 Watertown at 301 South 2nd STREET, Watertown, WI, 53094 generates $978/mo in rent, after a $1,419/mo payment. Total monthly income is $978/mo. Return on cash invested sits at 7.83% in year one, and rental yield is 4.05% on a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 38.76% and total cumulative return in cash sums $37,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $978/mo property income rather than buyer’s personal income.
Multi Family
Built in 1926
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53094, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,804 (100%) |
| Owner Occupied HU | 4,925 (63.1%) |
| Renter Occupied HU | 2,523 (32.3%) |
| Vacant Housing Units | 356 ( 4.6%) |
| Median Home Value | $281,574 |
| Average Home Value | $368,714 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
6,761
Multi-Family
754
Businesses
714
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