24630 Garden Lake RoadCableWI54821
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 24630 Garden Lake Road, Cable, WI, 54821 in Cable: $2,160/mo in rent, $708/mo net, 11.23% gross yield, all on a $267,000 acquisition. The 1.80 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $73,767 in value, and $2,459/yr in principal paydown steadily builds equity. Projected total cumulative return: $125,524.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 6.2% |
| Monthly Cash Flow | $708 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,686 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54821, Cable, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,986 (100%) |
| Owner Occupied HU | 682 (34.3%) |
| Renter Occupied HU | 82 ( 4.1%) |
| Vacant Housing Units | 1,222 (61.5%) |
| Median Home Value | $450,993 |
| Average Home Value | $563,845 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
735
Multi-Family
7
Businesses
89
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
Single Family
Built in 1950
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54821, Cable, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,986 (100%) |
| Owner Occupied HU | 682 (34.3%) |
| Renter Occupied HU | 82 ( 4.1%) |
| Vacant Housing Units | 1,222 (61.5%) |
| Median Home Value | $450,993 |
| Average Home Value | $563,845 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
735
Multi-Family
7
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott McKinney • McKinney Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1590666
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.