400 Highland STREET #AWalesWI53183
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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 Wales at 400 Highland STREET #A, Wales, WI, 53183 offers a 10.82% rental yield on a $235,000 purchase with $2,119/mo rent. Total monthly income registers $2,119/mo, and a $1,150/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,505/yr on $77,903 to close, and return on cash invested stands at 28.26% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 148.36% and total cumulative return in cash at $115,576. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,119/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53183, Wales, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,204 (100%) |
| Owner Occupied HU | 971 (80.6%) |
| Renter Occupied HU | 217 (18.0%) |
| Vacant Housing Units | 16 ( 1.3%) |
| Median Home Value | $476,667 |
| Average Home Value | $540,391 |
Housing Distribution
Address Breakdown
Residential
1,249
Single Family
1,249
Multi-Family
0
Businesses
199
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