W167N11566 Bishop DRIVEGermantownWI53022
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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 Germantown at W167N11566 Bishop DRIVE, Germantown, WI, 53022 uses $66,267 cash to close to unlock $2,542/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $978/mo payment keeps the spread at $212/mo. Purchase price stands at $199,900, and rental yield measures 9.32% with $1,553/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 124.1% and total cumulative return in cash records $82,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53022, Germantown, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,761 (100%) |
| Owner Occupied HU | 6,384 (72.9%) |
| Renter Occupied HU | 2,087 (23.8%) |
| Vacant Housing Units | 290 ( 3.3%) |
| Median Home Value | $413,473 |
| Average Home Value | $443,112 |
Housing Distribution
Address Breakdown
Residential
8,503
Single Family
7,647
Multi-Family
856
Businesses
879
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Listed by: Hannah Kruis • Summit Realty
Mls Name: WIREX MLS
Mls ID: #1924767