913 Journey Hills RoadMiltonWI53563
Nearby investment properties with comparable rents
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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 Milton at 913 Journey Hills Road, Milton, WI, 53563 priced at $375,000 converts $2,575/mo rent into $59/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $705/yr on $124,313 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 8.24% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 106.56% and total cumulative return in cash sums $132,471. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Condo
Built in 2023
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53563, Milton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,788 (100%) |
| Owner Occupied HU | 3,661 (76.5%) |
| Renter Occupied HU | 918 (19.2%) |
| Vacant Housing Units | 209 ( 4.4%) |
| Median Home Value | $336,826 |
| Average Home Value | $364,367 |
Housing Distribution
Address Breakdown
Residential
4,898
Single Family
4,571
Multi-Family
327
Businesses
303
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Listed by: Kathy Good • Bunbury & Assoc, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1993513
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