309 Standing Stone DRIVE UNIT 23-64WaukeshaWI53189
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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
Total monthly income runs $1,648/mo, and a $3,068/mo payment. Purchase price stands at $626,867, and rental yield measures 3.15% with $1,648/mo rent. Return on cash invested shows 3.19% in year one, and 5% annual appreciation builds toward $173,192 over five years. Five-year ROI reaches 14.59% and total cumulative return in cash records $30,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $3,068/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53189, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,874 (100%) |
| Owner Occupied HU | 8,305 (76.4%) |
| Renter Occupied HU | 2,336 (21.5%) |
| Vacant Housing Units | 233 ( 2.1%) |
| Median Home Value | $407,175 |
| Average Home Value | $443,312 |
Housing Distribution
Address Breakdown
Residential
10,730
Single Family
9,966
Multi-Family
764
Businesses
480
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Listed by: Team* Cornerstone • Cornerstone Dev of SE WI LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1898309
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.