980 Norridge DriveSun PrairieWI53590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sun Prairie at 980 Norridge Drive, Sun Prairie, WI, 53590 generates $4,004/mo in rent, after a $3,225/mo payment. Total monthly income is $4,004/mo. Return on cash invested sits at 17.75% in year one, and rental yield is 7.29% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 91.89% and total cumulative return in cash sums $199,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,004/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53590, Sun Prairie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,260 (100%) |
| Owner Occupied HU | 11,887 (61.7%) |
| Renter Occupied HU | 6,470 (33.6%) |
| Vacant Housing Units | 903 ( 4.7%) |
| Median Home Value | $415,037 |
| Average Home Value | $446,665 |
Housing Distribution
Address Breakdown
Residential
19,092
Single Family
14,834
Multi-Family
4,258
Businesses
1,156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Van Elzen • Compass Real Estate Wisconsin
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2006181
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved