111 Bayfield COURTLake MillsWI53551
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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
Rental property for sale in Lake Mills at 111 Bayfield COURT, Lake Mills, WI, 53551 priced at $649,900 pairs $2,248/mo rent with after a $3,181/mo payment. Total monthly income equals $2,248/mo. Return on cash invested is 8.2% in year one, and rental yield stands at 4.15% on a $649,900 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,555 by year five. Five-year ROI measures 40.71% and total cumulative return in cash reaches $87,042. For financing, Ziffy Mortgage’s DSCR program evaluates $2,248/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.29 Acres 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: Barry Luce • RE/MAX Community Realty
Mls Name: WIREX MLS
Mls ID: #1945150