602 Chippewa CIRCLEHoriconWI53032
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
Investment Highlights
Rental property for sale in Horicon at 602 Chippewa CIRCLE, Horicon, WI, 53032 priced at $317,000 converts $2,312/mo rent into $184/mo cash flow after a $1,552/mo obligation. Total monthly income equals $2,312/mo, and annual cash flow totals $2,209/yr on $105,086 invested. Return on cash invested prints 22.01% in year one, and rental yield reads 8.75% against a $317,000 entry. Equity gained on principal adds $2,046/yr, while 5% annual appreciation compiles into $87,581 by year five. Five-year ROI reaches 114.84% and total cumulative return in cash sums $120,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,312/mo property income covering a $1,552/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53032, Horicon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,548 (69.5%) |
| Renter Occupied HU | 576 (25.9%) |
| Vacant Housing Units | 104 ( 4.7%) |
| Median Home Value | $280,046 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
2,207
Single Family
2,012
Multi-Family
195
Businesses
130
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