900 North Second STREETWatertownWI53098
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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 Watertown at 900 North Second STREET, Watertown, WI, 53098 offers a 9.09% rental yield on a $159,900 purchase with $1,211/mo rent. Total monthly income registers $1,211/mo, and a $783/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,650/yr on $53,007 to close, and return on cash invested stands at 23.02% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 120.27% and total cumulative return in cash at $63,750. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,211/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53098, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,475 (67.2%) |
| Renter Occupied HU | 1,486 (28.7%) |
| Vacant Housing Units | 209 ( 4.0%) |
| Median Home Value | $281,300 |
| Average Home Value | $334,335 |
Housing Distribution
Address Breakdown
Residential
4,969
Single Family
4,550
Multi-Family
419
Businesses
119
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Listed by: Houseworks Collective - Jay Schmidt Group* • Keller Williams Realty-Milwaukee North Shore
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1905525
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