6035 Saddle Ridge #6035PortageWI53901
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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 Portage at 6035 Saddle Ridge #6035, Portage, WI, 53901 generates $3,104/mo in rent and, after a $1,972/mo payment, leaves $93/mo in cash flow. Total monthly income is $3,104/mo, and annual cash flow is $1,115/yr on $133,595 invested. Return on cash invested sits at 20.74% in year one, and rental yield is 9.24% on a $403,000 entry. Equity gained on principal adds $2,600/yr, while 5% annual appreciation builds toward $111,341 over five years. Five-year ROI reaches 108.99% and total cumulative return in cash sums $145,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,104/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
$307 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
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