124 S Lake StGillettWI54124
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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 Gillett at 124 S Lake St, Gillett, WI, 54124 priced at $199,900 pairs $736/mo rent with after a $978/mo payment. Total monthly income equals $736/mo. Return on cash invested is 8.95% in year one, and rental yield stands at 4.42% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 44.77% and total cumulative return in cash reaches $29,665. For financing, Ziffy Mortgage’s DSCR program evaluates $736/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54124, Gillett, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,305 (65.0%) |
| Renter Occupied HU | 316 (15.7%) |
| Vacant Housing Units | 386 (19.2%) |
| Median Home Value | $188,228 |
| Average Home Value | $230,307 |
Housing Distribution
Address Breakdown
Residential
1,522
Single Family
1,522
Multi-Family
0
Businesses
96
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