304 North Stone Ridge DRIVELake GenevaWI53147
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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
Investment property for sale in Lake Geneva at 304 North Stone Ridge DRIVE, Lake Geneva, WI, 53147 with 5% annual appreciation on a $690,000 basis while $4,738/mo rent supports operations. Total monthly income totals $4,738/mo and a $3,377/mo payment preserves $108/mo for cash returns. Annual cash flow comes to $1,290/yr on $227,010 deployed, and return on cash invested reaches 20.63% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,634 alongside rental yield of 8.24%. Five-year ROI measures 107.36% and total cumulative return in cash totals $243,716.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,738/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.25 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
9,443
Single Family
8,488
Multi-Family
955
Businesses
931
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Listed by: Daniel Hodgman • Coldwell Banker Real Estate Group
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1887790
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.