340 Bowing WAYLake 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
Rental property for sale in Lake Geneva at 340 Bowing WAY, Lake Geneva, WI, 53147 priced at $592,750 converts $3,684/mo rent into after a $2,901/mo obligation. Total monthly income equals $3,684/mo. Return on cash invested prints 16.96% in year one, and rental yield reads 7.46% against a $592,750 entry. Equity gained on principal adds $3,825/yr, while 5% annual appreciation compiles into $163,766 by year five. Five-year ROI reaches 88.17% and total cumulative return in cash sums $171,940. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,684/mo property income covering a $2,901/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,969 sqft lot
$N/A/sqft
$2,520 annually 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: Gina Nocek • @properties
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1907461
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.