306 Karin DRIVENorth PrairieWI53153
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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 North Prairie at 306 Karin DRIVE, North Prairie, WI, 53153 uses $134,258 cash to close to unlock $3,555/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $3,014/mo, and a $1,982/mo payment keeps the spread at $296/mo. Purchase price stands at $405,000, and rental yield measures 8.93% with $3,014/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 117.75% and total cumulative return in cash records $158,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,014/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 1979
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53153, North Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,013 (100%) |
| Owner Occupied HU | 886 (87.5%) |
| Renter Occupied HU | 98 ( 9.7%) |
| Vacant Housing Units | 29 ( 2.9%) |
| Median Home Value | $516,226 |
| Average Home Value | $538,262 |
Housing Distribution
Address Breakdown
Residential
962
Single Family
953
Multi-Family
9
Businesses
95
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Listed by: The Kobo Team* • Homestead Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1888948
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.