945 West Heritage COURT #104MequonWI53092
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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 Mequon at 945 West Heritage COURT #104, Mequon, WI, 53092 listed at $224,900 pairs $1,559/mo rent with a $1,101/mo payment to leave $49/mo cash flow. Total monthly income runs $1,559/mo, and annual cash flow reaches $593/yr on $74,554 cash to close. Return on cash invested measures 20.7% in year one, and rental yield registers 8.32% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 107.83% and total cumulative return in cash totals $80,389. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,559/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53092, Thiensville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,948 (100%) |
| Owner Occupied HU | 7,412 (74.5%) |
| Renter Occupied HU | 1,846 (18.6%) |
| Vacant Housing Units | 690 ( 6.9%) |
| Median Home Value | $501,205 |
| Average Home Value | $578,299 |
Housing Distribution
Address Breakdown
Residential
9,622
Single Family
8,360
Multi-Family
1,262
Businesses
1,405
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