819 West Melin STREET, Port Washington, WI, 53074 | $602/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Port Washington at 819 West Melin STREET, Port Washington, WI, 53074 priced at $309,900 converts $2,682/mo rent into $602/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,682/mo, and annual cash flow totals $7,224/yr on $102,732 invested. Return on cash invested prints 26.94% in year one, and rental yield reads 10.39% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 141.29% and total cumulative return in cash sums $145,152. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,682/mo property income covering a $1,517/mo payment, not borrower’s personal income.

Single Family

Built in 1940

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53074, Port Washington, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,195 (100%)
Owner Occupied HU	3,925 (63.4%)
Renter Occupied HU	1,948 (31.4%)
Vacant Housing Units	322 ( 5.2%)
Median Home Value	$335,091
Average Home Value	$390,703