3103 West Riverland DRIVEMequonWI53092
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
Investment property for sale in Mequon at 3103 West Riverland DRIVE, Mequon, WI, 53092 listed at $499,500 pairs $4,154/mo rent with a $2,445/mo payment to leave $802/mo cash flow. Total monthly income runs $4,154/mo, and annual cash flow reaches $9,619/yr on $165,584 cash to close. Return on cash invested measures 25.72% in year one, and rental yield registers 9.98% at a $499,500 basis. Equity gained on principal adds $3,223/yr, and annual property appreciation at 5% supports $138,003 by year five. Five-year ROI tracks 134.68% and total cumulative return in cash totals $223,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,154/mo property income relative to a $2,445/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53092, Thiensville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,948 (100%) |
| Owner Occupied HU | 7,412 (74.5%) |
| Renter Occupied HU | 1,846 (18.6%) |
| Vacant Housing Units | 690 ( 6.9%) |
| Median Home Value | $501,205 |
| Average Home Value | $578,299 |
Housing Distribution
Address Breakdown
Residential
9,622
Single Family
8,360
Multi-Family
1,262
Businesses
1,405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Gohsman Group* • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1910045
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.