2421 Wallace Lake ROADWest BendWI53090
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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 West Bend at 2421 Wallace Lake ROAD, West Bend, WI, 53090 uses $82,842 cash to close to unlock $468/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,716/mo, and a $1,223/mo payment keeps the spread at $39/mo. Purchase price stands at $249,900, and rental yield measures 8.24% with $1,716/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 106.62% and total cumulative return in cash records $88,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,716/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53090, West Bend, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 7,014 (72.8%) |
| Renter Occupied HU | 2,250 (23.3%) |
| Vacant Housing Units | 374 ( 3.9%) |
| Median Home Value | $344,387 |
| Average Home Value | $395,351 |
Housing Distribution
Address Breakdown
Residential
9,095
Single Family
8,261
Multi-Family
834
Businesses
233
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