317 North Washington STREET, Elkhorn, WI, 53121 | $583/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkhorn at 317 North Washington STREET, Elkhorn, WI, 53121 offers $2,830/mo rent that, after a $1,639/mo payment, leaves $583/mo cash flow. Total monthly income is $2,830/mo, and annual cash flow is $6,991/yr on $111,019 cash. Return on cash invested measures 26.21% in year one, and rental yield stands at 10.14% at a $334,900 entry. Equity gained on principal adds $2,161/yr while 5% annual appreciation compounds into $92,527 by year five. Five-year ROI records 137.31% and total cumulative return in cash reaches $152,437. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,830/mo property income versus a $1,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1945

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53121, Elkhorn, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,796 (100%)
Owner Occupied HU	5,666 (64.4%)
Renter Occupied HU	2,000 (22.7%)
Vacant Housing Units	1,130 (12.8%)
Median Home Value	$358,424
Average Home Value	$427,617