161 East Pine 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
Investment property for sale in Lake Mills at 161 East Pine Street, Lake Mills, WI, 53551 uses $164,093 cash to close to unlock $10,977/yr annual cash flow and $915/mo monthly cash flow. Total monthly income runs $4,237/mo, and a $2,423/mo payment keeps the spread at $915/mo. Purchase price stands at $495,000, and rental yield measures 10.27% with $4,237/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 139.4% and total cumulative return in cash records $228,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,237/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.37 Acres 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: Richard Nelson • RE/MAX Property Shop
Mls Name: WIREX MLS
Mls ID: #2010295