602 Downing DRIVEWaukeshaWI53186
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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 Waukesha at 602 Downing DRIVE, Waukesha, WI, 53186 priced at $480,000 pairs $3,593/mo rent with $372/mo cash flow after a $2,349/mo payment. Total monthly income equals $3,593/mo, and annual cash flow comes to $4,464/yr on $159,120 invested. Return on cash invested is 22.71% in year one, and rental yield stands at 8.98% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 118.56% and total cumulative return in cash reaches $188,657. For financing, Ziffy Mortgage’s DSCR program evaluates $3,593/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53186, Waukesha, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,582 (100%) |
| Owner Occupied HU | 8,368 (53.7%) |
| Renter Occupied HU | 6,590 (42.3%) |
| Vacant Housing Units | 624 ( 4.0%) |
| Median Home Value | $336,012 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
14,625
Single Family
10,513
Multi-Family
4,112
Businesses
1,483
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