215 Country Club DRIVE UNIT 2CLake GenevaWI53147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 215 Country Club DRIVE UNIT 2C, Lake Geneva, WI, 53147 offers a 10.94% rental yield on a $175,000 purchase with $1,595/mo rent. Total monthly income registers $1,595/mo, and a $857/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $649/yr on $58,013 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 112.35% and total cumulative return in cash at $65,179. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,595/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
$366 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicky Purnell • Keller Williams North Shore West
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911031
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.