266 Victorian Village DRIVE #249, Elkhart Lake, WI, 53020 | 9.18% Rental Yield

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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 Elkhart Lake at 266 Victorian Village DRIVE #249, Elkhart Lake, WI, 53020 listed at $169,900 pairs $1,300/mo rent with a $832/mo payment. Total monthly income runs $1,300/mo. Return on cash invested measures 13.82% in year one, and rental yield registers 9.18% at a $169,900 basis. Equity gained on principal adds $1,096/yr, and annual property appreciation at 5% supports $46,940 by year five. Five-year ROI tracks 74.4% and total cumulative return in cash totals $41,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,300/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1985

N/A lot

$N/A/sqft

$445 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