403 Spring StLake 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 403 Spring St, Lake Geneva, WI, 53147 priced at $571,100 converts $3,046/mo rent into after a $2,795/mo obligation. Total monthly income equals $3,046/mo. Return on cash invested prints 15.04% in year one, and rental yield reads 6.4% against a $571,100 entry. Equity gained on principal adds $3,685/yr, while 5% annual appreciation compiles into $157,784 by year five. Five-year ROI reaches 77.38% and total cumulative return in cash sums $145,390. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,046/mo property income covering a $2,795/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10,454 sqft 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: N/A • N/A
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