7 West Geneva 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 7 West Geneva STREET, Elkhorn, WI, 53121 priced at $285,000 converts $2,240/mo rent into $327/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,240/mo, and annual cash flow totals $3,927/yr on $94,478 invested. Return on cash invested prints 24.07% in year one, and rental yield reads 9.43% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 125.85% and total cumulative return in cash sums $118,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,240/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1884
5,227 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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