413 Quail Point DRIVEMount PleasantWI53406
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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
Rental property for sale in Mount Pleasant at 413 Quail Point DRIVE, Mount Pleasant, WI, 53406 priced at $355,000 pairs $2,117/mo rent with after a $1,738/mo payment. Total monthly income equals $2,117/mo. Return on cash invested is 11.84% in year one, and rental yield stands at 7.16% on a $355,000 basis. Equity gained on principal adds $2,291/yr, and 5% annual appreciation accumulates to $98,080 by year five. Five-year ROI measures 62.25% and total cumulative return in cash reaches $73,260. For financing, Ziffy Mortgage’s DSCR program evaluates $2,117/mo property income against a $1,738/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
$525 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53406, Racine, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,581 (100%) |
| Owner Occupied HU | 8,258 (65.6%) |
| Renter Occupied HU | 3,828 (30.4%) |
| Vacant Housing Units | 495 ( 3.9%) |
| Median Home Value | $315,200 |
| Average Home Value | $338,626 |
Housing Distribution
Address Breakdown
Residential
12,535
Single Family
10,627
Multi-Family
1,908
Businesses
790
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Listed by: Carolyn Jacobson • First Weber Inc- Racine
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1920378
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved