704 Clardell DriveSun PrairieWI53590
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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 Sun Prairie at 704 Clardell Drive, Sun Prairie, WI, 53590 priced at $350,000 converts $3,262/mo rent into $913/mo cash flow after a $1,713/mo obligation. Total monthly income equals $3,262/mo, and annual cash flow totals $10,958/yr on $116,025 invested. Return on cash invested prints 29.35% in year one, and rental yield reads 11.18% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 154.2% and total cumulative return in cash sums $178,910. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,262/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53590, Sun Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,260 (100%) |
| Owner Occupied HU | 11,887 (61.7%) |
| Renter Occupied HU | 6,470 (33.6%) |
| Vacant Housing Units | 903 ( 4.7%) |
| Median Home Value | $415,037 |
| Average Home Value | $446,665 |
Housing Distribution
Address Breakdown
Residential
19,092
Single Family
14,834
Multi-Family
4,258
Businesses
1,156
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Listed by: Jess Lex • Realty Executives Cooper Spransy
Mls Name: WIREX MLS
Mls ID: #2004505