613 North Washington STREETElkhornWI53121
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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 Elkhorn at 613 North Washington STREET, Elkhorn, WI, 53121 priced at $279,900 pairs $1,927/mo rent with $49/mo cash flow after a $1,370/mo payment. Total monthly income equals $1,927/mo, and annual cash flow comes to $582/yr on $92,787 invested. Return on cash invested is 20.54% in year one, and rental yield stands at 8.26% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 106.89% and total cumulative return in cash reaches $99,181. For financing, Ziffy Mortgage’s DSCR program evaluates $1,927/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53121, Elkhorn, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,796 (100%) |
| Owner Occupied HU | 5,666 (64.4%) |
| Renter Occupied HU | 2,000 (22.7%) |
| Vacant Housing Units | 1,130 (12.8%) |
| Median Home Value | $358,424 |
| Average Home Value | $427,617 |
Housing Distribution
Address Breakdown
Residential
8,416
Single Family
7,901
Multi-Family
515
Businesses
722
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