836 Pilgrim PARKWAY, Elm Grove, WI, 53122 | 9.18% Rental Yield

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 Elm Grove at 836 Pilgrim PARKWAY, Elm Grove, WI, 53122 offers $3,359/mo rent that, after a $2,149/mo payment. Total monthly income is $3,359/mo. Return on cash invested measures 19.6% in year one, and rental yield stands at 9.18% at a $439,000 entry. Equity gained on principal adds $2,833/yr while 5% annual appreciation compounds into $121,288 by year five. Five-year ROI records 103.23% and total cumulative return in cash reaches $150,224. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,359/mo property income versus a $2,149/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1980

N/A lot

$N/A/sqft

$450 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53122, Elm Grove, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,711 (100%)
Owner Occupied HU	2,375 (87.6%)
Renter Occupied HU	196 ( 7.2%)
Vacant Housing Units	140 ( 5.2%)
Median Home Value	$571,627
Average Home Value	$594,482