604 Enterprise DriveVeronaWI53593
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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 Verona at 604 Enterprise Drive, Verona, WI, 53593 offers $2,626/mo rent that, after a $1,591/mo payment, leaves $445/mo cash flow. Total monthly income is $2,626/mo, and annual cash flow is $5,335/yr on $107,738 cash. Return on cash invested measures 24.86% in year one, and rental yield stands at 9.7% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 130.08% and total cumulative return in cash reaches $140,149. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,626/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53593, Verona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 8,759 (61.8%) |
| Renter Occupied HU | 4,821 (34.0%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $531,009 |
| Average Home Value | $569,188 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
10,051
Multi-Family
3,909
Businesses
674
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