N2392 Halter LANEWatertownWI53098
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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
Rental property for sale in Watertown at N2392 Halter LANE, Watertown, WI, 53098 generates $5,128/mo in rent and, after a $3,059/mo payment, leaves $934/mo in cash flow. Total monthly income is $5,128/mo, and annual cash flow is $11,205/yr on $205,592 invested. Return on cash invested sits at 25.51% in year one, and rental yield is 9.85% on a $624,900 entry. Equity gained on principal adds $4,032/yr, while 5% annual appreciation builds toward $172,648 over five years. Five-year ROI reaches 133.53% and total cumulative return in cash sums $274,529. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,128/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
5.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53098, Watertown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,170 (100%) |
| Owner Occupied HU | 3,475 (67.2%) |
| Renter Occupied HU | 1,486 (28.7%) |
| Vacant Housing Units | 209 ( 4.0%) |
| Median Home Value | $281,300 |
| Average Home Value | $334,335 |
Housing Distribution
Address Breakdown
Residential
4,969
Single Family
4,550
Multi-Family
419
Businesses
119
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Listed by: Michael Martin • Martin Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911226
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.