1401 Geneva National AVENUE SOUTH South #26-01Lake 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 1401 Geneva National AVENUE SOUTH South #26-01, Lake Geneva, WI, 53147 offers a 2.56% rental yield on a $1,325,000 purchase with $2,830/mo rent. 42% in year one. Equity gained on principal adds $8,550/yr while 5% annual appreciation supports $366,073 over five years. Portfolio math shows five-year ROI at 15.05% and total cumulative return in cash at $64,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,830/mo property income against a $6,485/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2016
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: Deborah Schroeder • Compass Wisconsin-Lake Geneva
Mls Name: WIREX MLS
Mls ID: #1943936