305 Elizabeth STREETWatertownWI53098
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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 Watertown at 305 Elizabeth STREET, Watertown, WI, 53098 uses $169,402 cash to close to unlock $6,919/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $4,032/mo, and a $2,520/mo payment keeps the spread at $577/mo. Purchase price stands at $514,900, and rental yield measures 9.4% with $4,032/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $142,257 over five years. Five-year ROI reaches 126.21% and total cumulative return in cash records $213,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,032/mo property income covering a $2,520/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53098, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,475 (67.2%) |
| Renter Occupied HU | 1,486 (28.7%) |
| Vacant Housing Units | 209 ( 4.0%) |
| Median Home Value | $281,300 |
| Average Home Value | $334,335 |
Housing Distribution
Address Breakdown
Residential
4,969
Single Family
4,550
Multi-Family
419
Businesses
119
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Listed by: Bradley Kuenzi • Realty Executives Platinum
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911243
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.