N651 Second Street ROADWatertownWI53098
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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 Watertown at N651 Second Street ROAD, Watertown, WI, 53098 with 5% annual appreciation on a $225,000 basis while $1,750/mo rent supports operations. Total monthly income totals $1,750/mo and a $1,101/mo payment preserves $240/mo for cash returns. Annual cash flow comes to $2,883/yr on $74,588 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 9.33%. Five-year ROI measures 124.3% and total cumulative return in cash totals $92,709.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,750/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1901
0.92 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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