303 Mill Reserve DRIVEWaukeshaWI53188
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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 Waukesha at 303 Mill Reserve DRIVE, Waukesha, WI, 53188 listed at $434,999 pairs $2,612/mo rent with a $2,129/mo payment. Total monthly income runs $2,612/mo. Return on cash invested measures 14.86% in year one, and rental yield registers 7.21% at a $434,999 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 77.32% and total cumulative return in cash totals $111,504. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,612/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53188, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,816 (100%) |
| Owner Occupied HU | 9,828 (62.1%) |
| Renter Occupied HU | 5,481 (34.7%) |
| Vacant Housing Units | 507 ( 3.2%) |
| Median Home Value | $368,314 |
| Average Home Value | $405,689 |
Housing Distribution
Address Breakdown
Residential
15,254
Single Family
12,287
Multi-Family
2,967
Businesses
928
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Listed by: Christine Kramer-Nesbitt • Beyond Realty Brokerage
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912633
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.