306 Elba STREETWatertownWI53098
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 Watertown at 306 Elba STREET, Watertown, WI, 53098 priced at $265,000 pairs $1,789/mo rent with $11/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,789/mo, and annual cash flow comes to $127/yr on $87,848 invested. Return on cash invested is 20.05% in year one, and rental yield stands at 8.1% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 104.31% and total cumulative return in cash reaches $91,635. For financing, Ziffy Mortgage’s DSCR program evaluates $1,789/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
8,276 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
