6029 Saddle RidgePortageWI53901
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
Investment property for sale in Portage at 6029 Saddle Ridge, Portage, WI, 53901 uses $129,948 cash to close to unlock $6,538/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $3,476/mo, and a $1,919/mo payment keeps the spread at $545/mo. Purchase price stands at $392,000, and rental yield measures 10.64% with $3,476/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $108,302 over five years. Five-year ROI reaches 131.52% and total cumulative return in cash records $170,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,476/mo property income covering a $1,919/mo payment rather than investor’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53901, Portage, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,826 (100%) |
| Owner Occupied HU | 3,987 (58.4%) |
| Renter Occupied HU | 2,128 (31.2%) |
| Vacant Housing Units | 711 (10.4%) |
| Median Home Value | $250,655 |
| Average Home Value | $313,655 |
Housing Distribution
Address Breakdown
Residential
6,409
Single Family
5,428
Multi-Family
981
Businesses
681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Atkinson • Atkinson Real Estate Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995068
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.