353 Quail Point 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
Investment property for sale in Mount Pleasant at 353 Quail Point DRIVE, Mount Pleasant, WI, 53406 with 5% annual appreciation on a $336,900 basis while $1,963/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,174/yr, and five-year appreciation sums $93,079 alongside rental yield of 6.99%. Five-year ROI measures 86.35% and total cumulative return in cash totals $96,437. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,963/mo property income versus a $1,649/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2000
N/A 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: Anna DeRango • DeRango Real Estate Services
Mls Name: WIREX MLS
Mls ID: #1934039