N65W24143 Elm AVENUESussexWI53089
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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 Sussex at N65W24143 Elm AVENUE, Sussex, WI, 53089 generates $2,804/mo in rent and, after a $1,835/mo payment, leaves $288/mo in cash flow. Total monthly income is $2,804/mo, and annual cash flow is $3,455/yr on $124,279 invested. Return on cash invested sits at 22.69% in year one, and rental yield is 8.98% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 118.43% and total cumulative return in cash sums $147,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,804/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53089, Sussex, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,283 (100%) |
| Owner Occupied HU | 6,475 (78.2%) |
| Renter Occupied HU | 1,629 (19.7%) |
| Vacant Housing Units | 179 ( 2.2%) |
| Median Home Value | $433,790 |
| Average Home Value | $462,853 |
Housing Distribution
Address Breakdown
Residential
8,515
Single Family
7,907
Multi-Family
608
Businesses
483
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Listed by: Renee Kasper • First Weber Inc - Delafield
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1893742
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.