312 Spring DRIVE UNIT Lt41WalworthWI53184
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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 Walworth at 312 Spring DRIVE UNIT Lt41, Walworth, WI, 53184 generates $2,898/mo in rent and, after a $1,908/mo payment, leaves $282/mo in cash flow. Total monthly income is $2,898/mo, and annual cash flow is $3,380/yr on $129,252 invested. Return on cash invested sits at 22.52% in year one, and rental yield is 8.92% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 117.55% and total cumulative return in cash sums $151,933. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,898/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53184, Walworth, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 1,210 (64.8%) |
| Renter Occupied HU | 536 (28.7%) |
| Vacant Housing Units | 120 ( 6.4%) |
| Median Home Value | $336,339 |
| Average Home Value | $417,529 |
Housing Distribution
Address Breakdown
Residential
1,600
Single Family
1,524
Multi-Family
76
Businesses
168
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Listed by: Kilkenny Group* • Berkshire Hathaway Starck Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1882041
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.