400 South Rice Street #20, Whitewater, WI, 53190 | $611/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1248 sft

1010 North Main Street, Edgerton, WI, 53534

3 Bed
2 Bath
1258 sft

214 Shepherd STREET, Johnson Creek, WI, 53038

4 Bed
2 Bath
1318 sft

533 Jackson Street, Fort Atkinson, WI, 53538

3 Bed
1 Bath
1336 sft

103 East Rollin Street, Edgerton, WI, 53534

Nearby investment properties with comparable prices

2 Bed
2 Bath
1287 sft

N3489 County Road H, Lake Geneva, WI, 53147

3 Bed
1 Bath
1260 sft

420 North Palm Street, Janesville, WI, 53548

6 Bed
2 Bath
2785 sft

224 East Main STREET, Eagle, WI, 53119

4 Bed
2 Bath
1680 sft

639 South Main Street, Janesville, WI, 53545

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Whitewater at 400 South Rice Street #20, Whitewater, WI, 53190 offers a 12.12% rental yield on a $259,900 purchase with $2,626/mo rent. Total monthly income registers $2,626/mo, and a $1,272/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,330/yr on $86,157 to close, and return on cash invested stands at 28.42% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 150.5% and total cumulative return in cash at $129,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,626/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2005

N/A lot

$N/A/sqft

$271 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53190, Whitewater, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,036 (100%)
Owner Occupied HU	3,369 (41.9%)
Renter Occupied HU	3,558 (44.3%)
Vacant Housing Units	1,109 (13.8%)
Median Home Value	$340,859
Average Home Value	$405,181