509 Westlawn Drive #2Cottage GroveWI53527
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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 Cottage Grove at 509 Westlawn Drive #2, Cottage Grove, WI, 53527 earns $419/mo cash flow from $2,345/mo rent with a $1,405/mo payment. Total monthly income totals $2,345/mo, and annual cash flow totals $5,023/yr on $95,141 capital. ROI tracks 25.19% on current figures, and rental yield reads 9.8% at a $287,000 purchase. Equity gained on principal adds $1,852/yr, and 5% annual appreciation supports $79,293 over five years. Five-year ROI reaches 131.85% and total cumulative return in cash sums $125,446. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,345/mo property income instead of your personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53527, Cottage Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,716 (100%) |
| Owner Occupied HU | 3,351 (71.1%) |
| Renter Occupied HU | 1,244 (26.4%) |
| Vacant Housing Units | 121 ( 2.6%) |
| Median Home Value | $468,727 |
| Average Home Value | $495,434 |
Housing Distribution
Address Breakdown
Residential
4,800
Single Family
4,001
Multi-Family
799
Businesses
262
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Listed by: Joe Weber • First Weber Inc
Mls Name: WIREX MLS
Mls ID: #2009437