8245 South Legend DRIVEFranklinWI53132
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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
Investment property for sale in Franklin at 8245 South Legend DRIVE, Franklin, WI, 53132 offers a 10.46% rental yield on a $234,900 purchase with $2,048/mo rent. Total monthly income registers $2,048/mo, and a $1,150/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,935/yr on $77,869 to close, and return on cash invested stands at 22.39% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 118.64% and total cumulative return in cash at $92,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,048/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53132, Franklin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,339 (100%) |
| Owner Occupied HU | 11,000 (71.7%) |
| Renter Occupied HU | 3,682 (24.0%) |
| Vacant Housing Units | 657 ( 4.3%) |
| Median Home Value | $389,531 |
| Average Home Value | $426,848 |
Housing Distribution
Address Breakdown
Residential
14,862
Single Family
12,396
Multi-Family
2,466
Businesses
848
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