364 Ridgeview DriveLake MillsWI53551
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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 Mills at 364 Ridgeview Drive, Lake Mills, WI, 53551 with 5% annual appreciation on a $469,900 basis while $1,645/mo rent supports operations. 29% in year one. Equity gained on principal adds $3,032/yr, and five-year appreciation sums $129,825 alongside rental yield of 4.2%. Five-year ROI measures 41.22% and total cumulative return in cash totals $64,214. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,645/mo property income versus a $2,300/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.31 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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Listed by: Deanne Welper • Loos Custom Homes
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2005484
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved