1204 South Main StreetLake 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
Total monthly income runs $2,839/mo, and a $2,690/mo payment. Purchase price stands at $549,500, and rental yield measures 6.2% with $2,839/mo rent. Return on cash invested shows 14.42% in year one, and 5% annual appreciation builds toward $151,817 over five years. Five-year ROI reaches 74.08% and total cumulative return in cash records $133,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,839/mo property income covering a $2,690/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A 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: Melanie Becker • First Weber Inc
Mls Name: WIREX MLS
Mls ID: #2014236