E12617 Kilpatrick Point Drive UNIT 71MerrimacWI53561
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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 Merrimac at E12617 Kilpatrick Point Drive UNIT 71, Merrimac, WI, 53561 listed at $300,000 pairs $1,528/mo rent with a $1,468/mo payment. Total monthly income runs $1,528/mo. Return on cash invested measures 10.14% in year one, and rental yield registers 6.11% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 52.51% and total cumulative return in cash totals $52,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,528/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1993
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53561, Merrimac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,282 (100%) |
| Owner Occupied HU | 766 (59.8%) |
| Renter Occupied HU | 106 ( 8.3%) |
| Vacant Housing Units | 410 (32.0%) |
| Median Home Value | $468,293 |
| Average Home Value | $532,027 |
Housing Distribution
Address Breakdown
Residential
997
Single Family
997
Multi-Family
0
Businesses
39
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Listed by: Evan Braun • Stark Company, REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995957
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.