17799 E Wheeler Lake LnLakewoodWI54138
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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 Lakewood at 17799 E Wheeler Lake Ln, Lakewood, WI, 54138 offers a 2.57% rental yield on a $899,000 purchase with $1,925/mo rent. 39% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 14.92% and total cumulative return in cash at $44,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,925/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54138, Lakewood, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,449 (100%) |
| Owner Occupied HU | 423 (29.2%) |
| Renter Occupied HU | 33 ( 2.3%) |
| Vacant Housing Units | 993 (68.5%) |
| Median Home Value | $282,792 |
| Average Home Value | $307,725 |
Housing Distribution
Address Breakdown
Residential
495
Single Family
494
Multi-Family
1
Businesses
76
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