303 West Moreland BOULEVARDWaukeshaWI53188
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
Investment Highlights
Rental property for sale in Waukesha at 303 West Moreland BOULEVARD, Waukesha, WI, 53188 priced at $292,000 converts $2,468/mo rent into $376/mo cash flow after a $1,429/mo obligation. Total monthly income equals $2,468/mo, and annual cash flow totals $4,506/yr on $96,798 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 10.14% against a $292,000 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation compiles into $80,674 by year five. Five-year ROI reaches 129.1% and total cumulative return in cash sums $124,964. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,468/mo property income covering a $1,429/mo payment, not borrower’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
$133 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Bertrandt-Klug • Realty Executives - Integrity
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914591
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.