1049 Lakeland WAY UNIT 9-47Lake GenevaWI53147
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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 Lake Geneva at 1049 Lakeland WAY UNIT 9-47, Lake Geneva, WI, 53147 listed at $369,000 pairs $3,077/mo rent with a $1,806/mo payment. Total monthly income runs $3,077/mo. Return on cash invested measures 18.84% in year one, and rental yield registers 10.01% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 100.31% and total cumulative return in cash totals $122,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,077/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1991
N/A lot
$N/A/sqft
$710 monthly 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
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Listed by: Daniel Hodgman • Coldwell Banker Real Estate Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1913243
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.