1019 High StreetLake MillsWI53551
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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 Lake Mills at 1019 High Street, Lake Mills, WI, 53551 offers a 8.89% rental yield on a $425,000 purchase with $3,148/mo rent. Total monthly income registers $3,148/mo, and a $2,080/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,551/yr on $140,888 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 117.02% and total cumulative return in cash at $164,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,148/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53551, Lake Mills, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,328 (100%) |
| Owner Occupied HU | 2,898 (67.0%) |
| Renter Occupied HU | 938 (21.7%) |
| Vacant Housing Units | 492 (11.4%) |
| Median Home Value | $367,604 |
| Average Home Value | $467,331 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
3,835
Multi-Family
213
Businesses
305
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Listed by: Sarah Tavarez • Keller Williams Realty
Mls Name: WIREX MLS
Mls ID: #2011087