3027 Providence Street UNIT 2Sun PrairieWI53590
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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 Sun Prairie at 3027 Providence Street UNIT 2, Sun Prairie, WI, 53590 uses $91,163 cash to close to unlock $3,689/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,346/mo payment keeps the spread at $307/mo. Purchase price stands at $275,000, and rental yield measures 10.44% with $2,393/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash records $115,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53590, Sun Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,260 (100%) |
| Owner Occupied HU | 11,887 (61.7%) |
| Renter Occupied HU | 6,470 (33.6%) |
| Vacant Housing Units | 903 ( 4.7%) |
| Median Home Value | $415,037 |
| Average Home Value | $446,665 |
Housing Distribution
Address Breakdown
Residential
19,092
Single Family
14,834
Multi-Family
4,258
Businesses
1,156
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Listed by: Austin Kempf • EXP Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1987272
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.