515 Progress DriveCottage 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 515 Progress Drive, Cottage Grove, WI, 53527 with 5% annual appreciation on a $329,900 basis while $3,004/mo rent supports operations. Total monthly income totals $3,004/mo and a $1,615/mo payment preserves $790/mo for cash returns. Annual cash flow comes to $9,476/yr on $109,362 deployed, and return on cash invested reaches 28.57% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 10.93%. Five-year ROI measures 150% and total cumulative return in cash totals $164,043.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,004/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
7,840 sqft 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: Josh Lamp • Berkshire Hathaway HomeServices True Realty
Mls Name: WIREX MLS
Mls ID: #2004876