3141 Mineral Springs BOULEVARDSummitWI53066
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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 Summit at 3141 Mineral Springs BOULEVARD, Summit, WI, 53066 priced at $744,900 converts $3,763/mo rent into after a $3,646/mo obligation. Total monthly income equals $3,763/mo. Return on cash invested prints 14.01% in year one, and rental yield reads 6.06% against a $744,900 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation compiles into $205,802 by year five. Five-year ROI reaches 71.85% and total cumulative return in cash sums $176,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,763/mo property income covering a $3,646/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53066, Oconomowoc, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 12,168 (70.1%) |
| Renter Occupied HU | 3,814 (22.0%) |
| Vacant Housing Units | 1,379 ( 7.9%) |
| Median Home Value | $467,611 |
| Average Home Value | $564,485 |
Housing Distribution
Address Breakdown
Residential
16,805
Single Family
15,139
Multi-Family
1,666
Businesses
1,038
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