402 Phoenix STREETDelavanWI53115
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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 Delavan at 402 Phoenix STREET, Delavan, WI, 53115 at $187,000 posts ROI 23.71% with $196/mo cash flow from $1,451/mo rent. Total monthly income equals $1,451/mo, and annual cash flow records $2,355/yr on $61,991 to close. Return on cash invested measures 23.71% and rental yield reads 9.31% at the current $187,000. Equity gained on principal adds $1,207/yr, and 5% annual appreciation supports $51,665 by year five. Five-year ROI prints 123.96% and total cumulative return in cash totals $76,842.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,451/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53115, Delavan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,363 (100%) |
| Owner Occupied HU | 4,493 (53.7%) |
| Renter Occupied HU | 2,069 (24.7%) |
| Vacant Housing Units | 1,801 (21.5%) |
| Median Home Value | $293,696 |
| Average Home Value | $385,774 |
Housing Distribution
Address Breakdown
Residential
7,266
Single Family
6,408
Multi-Family
858
Businesses
557
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Listed by: Lynnette Phillips • @properties
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1912738
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.