623 South 12th 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
Rental property for sale in Watertown at 623 South 12th STREET, Watertown, WI, 53094 generates $1,743/mo in rent and, after a $1,223/mo payment, leaves $66/mo in cash flow. Total monthly income is $1,743/mo, and annual cash flow is $792/yr on $82,842 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 8.37% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 108.7% and total cumulative return in cash sums $90,050. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,743/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.71 Acres 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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