506 Hargrove STREETWest BendWI53095
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 506 Hargrove STREET, West Bend, WI, 53095 in West Bend worth modelling. At $382,000 with a 8.27% gross yield, the $1,952/mo rent leaves $61/mo after the $1,718/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.14 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $105,540 by year five; $3,518/yr in principal reduction adds further equity. Total projected return: $106,383.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 4.8% |
| Monthly Cash Flow | $61 | $285 |
City averages based on West Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,952 |
| Total Monthly Debt Service | $2,412 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53095, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,449 (100%) |
| Owner Occupied HU | 8,234 (66.1%) |
| Renter Occupied HU | 3,471 (27.9%) |
| Vacant Housing Units | 744 ( 6.0%) |
| Median Home Value | $379,041 |
| Average Home Value | $417,701 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,503
Multi-Family
1,685
Businesses
1,123
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
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53095, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,449 (100%) |
| Owner Occupied HU | 8,234 (66.1%) |
| Renter Occupied HU | 3,471 (27.9%) |
| Vacant Housing Units | 744 ( 6.0%) |
| Median Home Value | $379,041 |
| Average Home Value | $417,701 |
Housing Distribution
Address Breakdown
Residential
12,188
Single Family
10,503
Multi-Family
1,685
Businesses
1,123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
