407 Morrissey DRIVE, North Prairie, WI, 53153 | $1,147/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in North Prairie at 407 Morrissey DRIVE, North Prairie, WI, 53153 priced at $650,000 pairs $5,509/mo rent with $1,147/mo cash flow after a $3,181/mo payment. Total monthly income equals $5,509/mo, and annual cash flow comes to $13,766/yr on $213,850 invested. Return on cash invested is 26.5% in year one, and rental yield stands at 10.17% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 138.84% and total cumulative return in cash reaches $296,918. For financing, Ziffy Mortgage’s DSCR program evaluates $5,509/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2006

1.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53153, North Prairie, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,013 (100%)
Owner Occupied HU	886 (87.5%)
Renter Occupied HU	98 ( 9.7%)
Vacant Housing Units	29 ( 2.9%)
Median Home Value	$516,226
Average Home Value	$538,262