885 Hemlock DriveVeronaWI53593
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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 Verona at 885 Hemlock Drive, Verona, WI, 53593 uses $100,776 cash to close to unlock $10,881/yr annual cash flow and $907/mo monthly cash flow. Total monthly income runs $2,947/mo, and a $1,488/mo payment keeps the spread at $907/mo. Purchase price stands at $304,000, and rental yield measures 11.63% with $2,947/mo rent. Return on cash invested shows 30.71% in year one, and 5% annual appreciation builds toward $83,990 over five years. Five-year ROI reaches 161.43% and total cumulative return in cash records $162,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,947/mo property income covering a $1,488/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53593, Verona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,174 (100%) |
| Owner Occupied HU | 8,759 (61.8%) |
| Renter Occupied HU | 4,821 (34.0%) |
| Vacant Housing Units | 594 ( 4.2%) |
| Median Home Value | $531,009 |
| Average Home Value | $569,188 |
Housing Distribution
Address Breakdown
Residential
13,960
Single Family
10,051
Multi-Family
3,909
Businesses
674
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