3211 Nobb Hill DRIVEMount PleasantWI53406
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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 Mount Pleasant at 3211 Nobb Hill DRIVE, Mount Pleasant, WI, 53406 priced at $450,000 pairs $5,303/mo rent with $2,283/mo cash flow after a $2,203/mo payment. Total monthly income equals $5,303/mo, and annual cash flow comes to $27,390/yr on $149,175 invested. Return on cash invested is 38.27% in year one, and rental yield stands at 14.14% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 202% and total cumulative return in cash reaches $301,338. For financing, Ziffy Mortgage’s DSCR program evaluates $5,303/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53406, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,581 (100%) |
| Owner Occupied HU | 8,258 (65.6%) |
| Renter Occupied HU | 3,828 (30.4%) |
| Vacant Housing Units | 495 ( 3.9%) |
| Median Home Value | $315,200 |
| Average Home Value | $338,626 |
Housing Distribution
Address Breakdown
Residential
12,535
Single Family
10,627
Multi-Family
1,908
Businesses
790
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Listed by: Paxton Friedrich • RE/MAX Newport
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1892480
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.