1191 Edgewood DRIVELake 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
Rental property for sale in Lake Geneva at 1191 Edgewood DRIVE, Lake Geneva, WI, 53147 offers $6,070/mo rent that, after a $3,720/mo payment, leaves $969/mo cash flow. Total monthly income is $6,070/mo, and annual cash flow is $11,632/yr on $250,040 cash. Return on cash invested measures 24.71% in year one, and rental yield stands at 9.58% at a $760,000 entry. Equity gained on principal adds $4,904/yr while 5% annual appreciation compounds into $209,974 by year five. Five-year ROI records 129.26% and total cumulative return in cash reaches $323,197. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,070/mo property income versus a $3,720/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.74 Acres 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
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Listed by: Jessica Kortbein • JMK Realty Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1902345
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.