276 Victorian Village DrElkhart LakeWI53020
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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
Rental property for sale in Elkhart Lake at 276 Victorian Village Dr, Elkhart Lake, WI, 53020 priced at $314,300 converts $2,392/mo rent into $283/mo cash flow after a $1,538/mo obligation. Total monthly income equals $2,392/mo, and annual cash flow totals $3,396/yr on $104,190 invested. Return on cash invested prints 23.17% in year one, and rental yield reads 9.13% against a $314,300 entry. Equity gained on principal adds $2,028/yr, while 5% annual appreciation compiles into $86,835 by year five. Five-year ROI reaches 121.05% and total cumulative return in cash sums $126,121. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,392/mo property income covering a $1,538/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
103
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Listed by: N/A • N/A
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