W164N8925 Water STREET #405Menomonee FallsWI53051








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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 Menomonee Falls at W164N8925 Water STREET #405, Menomonee Falls, WI, 53051 uses $76,212 cash to close to unlock $3,460/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,125/mo payment keeps the spread at $288/mo. Purchase price stands at $229,900, and rental yield measures 11.43% with $2,189/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 129.96% and total cumulative return in cash records $99,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$358 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53051, Menomonee Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,537 (100%) |
| Owner Occupied HU | 12,071 (68.8%) |
| Renter Occupied HU | 4,796 (27.3%) |
| Vacant Housing Units | 670 ( 3.8%) |
| Median Home Value | $401,345 |
| Average Home Value | $443,488 |
Housing Distribution
Address Breakdown
Residential
17,398
Single Family
13,798
Multi-Family
3,600
Businesses
1,187
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Listed by: Jaclynn Lighthizer • Homestead Advisors
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1918950
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved








