Investing in Washington County
Washington County covers 3 rental markets we actively finance in Wisconsin — Germantown, Hartford, West Bend. Across those markets the median investment basis averages $338,333, a long-term lease averages $2,008/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,482. That produces a county-wide average DSCR ratio near 0.82x.
Basis varies more inside Washington County than the average suggests. Hartford is the lowest entry point at roughly $315,000, while Hartford currently models the strongest coverage ratio in the county at 1.01x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.