3097 Providence StreetSun PrairieWI53590
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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
Rental property for sale in Sun Prairie at 3097 Providence Street, Sun Prairie, WI, 53590 generates $2,952/mo in rent and, after a $1,855/mo payment, leaves $408/mo in cash flow. Total monthly income is $2,952/mo, and annual cash flow is $4,902/yr on $125,639 invested. Return on cash invested sits at 23.81% in year one, and rental yield is 9.35% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 124.45% and total cumulative return in cash sums $156,359. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,952/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53590, Sun Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,260 (100%) |
| Owner Occupied HU | 11,887 (61.7%) |
| Renter Occupied HU | 6,470 (33.6%) |
| Vacant Housing Units | 903 ( 4.7%) |
| Median Home Value | $415,037 |
| Average Home Value | $446,665 |
Housing Distribution
Address Breakdown
Residential
19,092
Single Family
14,834
Multi-Family
4,258
Businesses
1,156
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Listed by: Hemen Oza • Aashram Realty, LLC.
Mls Name: WIREX MLS
Mls ID: #2007857