400 South Rice Street #20WhitewaterWI53190
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 400 South Rice Street #20, Whitewater, WI, 53190 in Whitewater. Priced at $259,900, it generates $2,626/mo in gross rent and $610/mo in net monthly cash flow, a 12.12% yield that comfortably supports the 2.25 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,324. Five-year appreciation: $71,806. Equity from principal paydown: $2,394/yr. Total projected cumulative return: $139,596.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 6.2% |
| Monthly Cash Flow | $610 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,626 |
| Total Monthly Debt Service | $1,912 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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 |
Housing Distribution
Address Breakdown
Residential
7,149
Single Family
5,487
Multi-Family
1,662
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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 |
Housing Distribution
Address Breakdown
Residential
7,149
Single Family
5,487
Multi-Family
1,662
Businesses
490
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Spies • Platner Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2004781
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved