984 Algoma DRIVE, Port Washington, WI, 53074 | $445/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1242 sft

8707 North 52nd STREET, Brown Deer, WI, 53223

3 Bed
3 Bath
1456 sft

409 Clear View DRIVE, West Bend, WI, 53090

4 Bed
3 Bath
2124 sft

10431 West Sylvia STREET, Milwaukee, WI, 53224

4 Bed
2 Bath
2000 sft

9505 West Orinda COURT, Milwaukee, WI, 53224

Nearby investment properties with comparable prices

- Bed
- Bath
- sft

321 Main St #323, West Bend, WI, 53090

3 Bed
2 Bath
1108 sft

4915 West Spring LANE, Brown Deer, WI, 53223

3 Bed
2 Bath
2083 sft

6453 West Darnel AVENUE, Brown Deer, WI, 53223

3 Bed
1 Bath
1008 sft

407 Zuider LANE, Oostburg, WI, 53070

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Port Washington at 984 Algoma DRIVE, Port Washington, WI, 53074 generates $3,026/mo in rent and, after a $1,591/mo payment, leaves $445/mo in cash flow. Total monthly income is $3,026/mo, and annual cash flow is $5,335/yr on $107,738 invested. Return on cash invested sits at 24.86% in year one, and rental yield is 11.17% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 131.71% and total cumulative return in cash sums $141,901. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,026/mo property income rather than buyer’s personal income.

Condo

Built in 2002

N/A lot

$N/A/sqft

$400 monthly 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