3053 West Drexel AVENUE #124FranklinWI53132
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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 Franklin at 3053 West Drexel AVENUE #124, Franklin, WI, 53132 earns $368/mo cash flow from $2,614/mo rent with a $1,419/mo payment. Total monthly income totals $2,614/mo, and annual cash flow totals $4,418/yr on $96,135 capital. ROI tracks 24.5% on current figures, and rental yield reads 10.82% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 129.56% and total cumulative return in cash sums $124,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,614/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53132, Franklin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,339 (100%) |
| Owner Occupied HU | 11,000 (71.7%) |
| Renter Occupied HU | 3,682 (24.0%) |
| Vacant Housing Units | 657 ( 4.3%) |
| Median Home Value | $389,531 |
| Average Home Value | $426,848 |
Housing Distribution
Address Breakdown
Residential
14,862
Single Family
12,396
Multi-Family
2,466
Businesses
848
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