238 Golf DrClear LakeWI54005
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
Rental property for sale in Clear Lake at 238 Golf Dr, Clear Lake, WI, 54005 offers $1,915/mo rent that, after a $1,076/mo payment, leaves $440/mo cash flow. Total monthly income is $1,915/mo, and annual cash flow is $5,274/yr on $72,897 cash. Return on cash invested measures 27.14% in year one, and rental yield stands at 10.45% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 142.35% and total cumulative return in cash reaches $103,768. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,915/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54005, Clear Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,347 (100%) |
| Owner Occupied HU | 986 (73.2%) |
| Renter Occupied HU | 266 (19.7%) |
| Vacant Housing Units | 95 ( 7.1%) |
| Median Home Value | $279,245 |
| Average Home Value | $317,391 |
Housing Distribution
Address Breakdown
Residential
1,249
Single Family
1,156
Multi-Family
93
Businesses
83
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Listed by: Alison Blanchard • Compass Realty Group
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6823496