101 Osthoff AVENUE #463Elkhart LakeWI53020
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elkhart Lake at 101 Osthoff AVENUE #463, Elkhart Lake, WI, 53020 listed at $320,000 pairs $1,746/mo rent with a $1,566/mo payment. Total monthly income runs $1,746/mo. Return on cash invested measures 15.37% in year one, and rental yield registers 6.55% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 79.19% and total cumulative return in cash totals $84,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,746/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53020, Elkhart Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,942 (100%) |
| Owner Occupied HU | 1,341 (69.1%) |
| Renter Occupied HU | 225 (11.6%) |
| Vacant Housing Units | 376 (19.4%) |
| Median Home Value | $376,859 |
| Average Home Value | $444,286 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
103
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Listed by: Jill Preissner • Black Oak Realty
Mls Name: WIREX MLS
Mls ID: #1926630