865 Morningside LANEElm GroveWI53122
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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 Elm Grove at 865 Morningside LANE, Elm Grove, WI, 53122 offers $4,024/mo rent that, after a $5,575/mo payment. Total monthly income is $4,024/mo. Return on cash invested measures 8.6% in year one, and rental yield stands at 4.24% at a $1,139,000 entry. Equity gained on principal adds $7,350/yr while 5% annual appreciation compounds into $314,685 by year five. Five-year ROI records 42.79% and total cumulative return in cash reaches $157,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,024/mo property income versus a $5,575/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.52 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
2,601
Single Family
2,280
Multi-Family
321
Businesses
440
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