608 Emmet STREETWatertownWI53094
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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
Investment property for sale in Watertown at 608 Emmet STREET, Watertown, WI, 53094 with 5% annual appreciation on a $178,000 basis while $1,378/mo rent supports operations. Total monthly income totals $1,378/mo and a $871/mo payment preserves $184/mo for cash returns. Annual cash flow comes to $2,204/yr on $59,007 deployed, and return on cash invested reaches 23.64% in year one. Equity gained on principal adds $1,149/yr, and five-year appreciation sums $49,178 alongside rental yield of 9.29%. Five-year ROI measures 123.57% and total cumulative return in cash totals $72,913.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,378/mo property income versus a $871/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53094, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,804 (100%) |
| Owner Occupied HU | 4,925 (63.1%) |
| Renter Occupied HU | 2,523 (32.3%) |
| Vacant Housing Units | 356 ( 4.6%) |
| Median Home Value | $281,574 |
| Average Home Value | $368,714 |
Housing Distribution
Address Breakdown
Residential
7,515
Single Family
6,761
Multi-Family
754
Businesses
714
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Listed by: Corinne Taylor • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1905319
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.