9279 West Elm COURT UNIT DFranklinWI53132
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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 Franklin at 9279 West Elm COURT UNIT D, Franklin, WI, 53132 generates $1,996/mo in rent and, after a $1,082/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,996/mo, and annual cash flow is $3,450/yr on $73,262 invested. Return on cash invested sits at 24.62% in year one, and rental yield is 10.84% on a $221,000 entry. Equity gained on principal adds $1,426/yr, while 5% annual appreciation builds toward $61,058 over five years. Five-year ROI reaches 130.14% and total cumulative return in cash sums $95,341. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,996/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53132, Franklin, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,339 (100%) |
| Owner Occupied HU | 11,000 (71.7%) |
| Renter Occupied HU | 3,682 (24.0%) |
| Vacant Housing Units | 657 ( 4.3%) |
| Median Home Value | $389,531 |
| Average Home Value | $426,848 |
Housing Distribution
Address Breakdown
Residential
14,862
Single Family
12,396
Multi-Family
2,466
Businesses
848
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Listed by: James Engstrand • Redefined Realty Advisors LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909527
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.