406 West Center STREET #404WhitewaterWI53190
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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 Whitewater at 406 West Center STREET #404, Whitewater, WI, 53190 offers a 5.27% rental yield on a $599,000 purchase with $2,630/mo rent. 6% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 58.91% and total cumulative return in cash at $116,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,630/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
10,018 sqft lot
$N/A/sqft
No 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
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Listed by: Kristen Parks • Anderson Commercial Group, LLC
Mls Name: WIREX MLS
Mls ID: #1935595