311 Fargo STREETLake MillsWI53551








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 Lake Mills at 311 Fargo STREET, Lake Mills, WI, 53551 priced at $300,000 converts $2,546/mo rent into $533/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,546/mo, and annual cash flow totals $6,396/yr on $99,450 invested. Return on cash invested prints 26.34% in year one, and rental yield reads 10.18% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 138% and total cumulative return in cash sums $137,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,546/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53551, Lake Mills, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,328 (100%) |
| Owner Occupied HU | 2,898 (67.0%) |
| Renter Occupied HU | 938 (21.7%) |
| Vacant Housing Units | 492 (11.4%) |
| Median Home Value | $367,604 |
| Average Home Value | $467,331 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
3,835
Multi-Family
213
Businesses
305
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Nearby investment properties with comparable prices



Listed by: Ginger Ramsey • Shine Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1919175
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved








