924 Westport DRIVEPort WashingtonWI53074
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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 Port Washington at 924 Westport DRIVE, Port Washington, WI, 53074 uses $127,594 cash to close to unlock $4,353/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $2,946/mo, and a $1,884/mo payment keeps the spread at $363/mo. Purchase price stands at $384,900, and rental yield measures 9.18% with $2,946/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 121.82% and total cumulative return in cash records $155,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,946/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1988
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53074, Port Washington, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,925 (63.4%) |
| Renter Occupied HU | 1,948 (31.4%) |
| Vacant Housing Units | 322 ( 5.2%) |
| Median Home Value | $335,091 |
| Average Home Value | $390,703 |
Housing Distribution
Address Breakdown
Residential
5,989
Single Family
5,220
Multi-Family
769
Businesses
491
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Listed by: Tracy Modjeski • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1933281