980 Pilgrim PARKWAY #CElm GroveWI53122
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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 Elm Grove at 980 Pilgrim PARKWAY #C, Elm Grove, WI, 53122 with 5% annual appreciation on a $549,900 basis while $4,076/mo rent supports operations. Total monthly income totals $4,076/mo and a $2,691/mo payment preserves $86/mo for cash returns. Annual cash flow comes to $1,032/yr on $180,917 deployed, and return on cash invested reaches 20.63% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,927 alongside rental yield of 8.89%. Five-year ROI measures 108.11% and total cumulative return in cash totals $195,590.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,076/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1997
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53122, Elm Grove, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 2,375 (87.6%) |
| Renter Occupied HU | 196 ( 7.2%) |
| Vacant Housing Units | 140 ( 5.2%) |
| Median Home Value | $571,627 |
| Average Home Value | $594,482 |
Housing Distribution
Address Breakdown
Residential
2,601
Single Family
2,280
Multi-Family
321
Businesses
440
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Listed by: Alex Kostner • CapWise Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914772
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.