255 Elmwood AVENUE #307B, Lake Geneva, WI, 53147 | $601/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Geneva at 255 Elmwood AVENUE #307B, Lake Geneva, WI, 53147 offers a 14.77% rental yield on a $170,000 purchase with $2,092/mo rent. Total monthly income registers $2,092/mo, and a $832/mo payment leaves $601/mo available for distribution. Annual cash flow reaches $7,214/yr on $56,355 to close, and return on cash invested stands at 32.71% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 174.94% and total cumulative return in cash at $98,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,092/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1971

N/A lot

$N/A/sqft

$350 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