1020 North STREETLake GenevaWI53147
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 Lake Geneva at 1020 North STREET, Lake Geneva, WI, 53147 uses $124,313 cash to close to unlock $13,557/yr annual cash flow and $1,130/mo monthly cash flow. Total monthly income runs $3,646/mo, and a $1,835/mo payment keeps the spread at $1,130/mo. Purchase price stands at $375,000, and rental yield measures 11.67% with $3,646/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 162.01% and total cumulative return in cash records $201,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,646/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53147, Lake Geneva, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,290 (100%) |
| Owner Occupied HU | 5,641 (50.0%) |
| Renter Occupied HU | 2,549 (22.6%) |
| Vacant Housing Units | 3,100 (27.5%) |
| Median Home Value | $394,701 |
| Average Home Value | $490,141 |
Housing Distribution
Address Breakdown
Residential
9,443
Single Family
8,488
Multi-Family
955
Businesses
931
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn DeMarco • Berkshire Hathaway Starck Real Estate
Mls Name: WIREX MLS
Mls ID: #1944072