265 Victory LANE, Elkhart Lake, WI, 53020 | 3.4% Rental Yield

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
800 sft

3914 Country PLACE #D, Sheboygan, WI, 53081

3 Bed
2 Bath
1765 sft

434 Ontario AVENUE, Sheboygan, WI, 53081

2 Bed
1 Bath
800 sft

2602 Camelot Blvd APT A, Sheboygan, WI, 53081

Investment Property+ 2 more

3 Bed
2 Bath
1652 sft

807 Detroit STREET UNIT 809, Sheboygan Falls, WI, 53085

Nearby investment properties with comparable prices

3 Bed
3 Bath
1879 sft

215 Maries WAY, Random Lake, WI, 53075

3 Bed
3 Bath
1610 sft

835 Mockingbird LANE, Plymouth, WI, 53073

3 Bed
3 Bath
1850 sft

650 South Pier DRIVE UNIT 2, Sheboygan, WI, 53081

2 Bed
3 Bath
2524 sft

510 Otto WAY, Elkhart Lake, WI, 53020

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $1,500/mo, and a $2,594/mo payment. Purchase price stands at $530,000, and rental yield measures 3.4% with $1,500/mo rent. Return on cash invested shows 4.7% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 22.4% and total cumulative return in cash records $39,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $2,594/mo payment rather than investor’s personal income.

Condo

Built in 2023

N/A lot

$N/A/sqft

$175 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53020, Elkhart Lake, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,942 (100%)
Owner Occupied HU	1,341 (69.1%)
Renter Occupied HU	225 (11.6%)
Vacant Housing Units	376 (19.4%)
Median Home Value	$376,859
Average Home Value	$444,286