1321 W Main StLake 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 1321 W Main St, Lake Geneva, WI, 53147 earns $167/mo cash flow from $1,435/mo rent with a $925/mo payment. Total monthly income totals $1,435/mo, and annual cash flow totals $2,000/yr on $62,654 capital. ROI tracks 23.1% on current figures, and rental yield reads 9.11% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 120.66% and total cumulative return in cash sums $75,598. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,435/mo property income instead of your personal income.
Condo
Built in 1971
N/A 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: Joel J Reyenga • EXP Realty, LLC~MKE
Mls Name: eXp Realty
Mls ID: #1943983