408 East Washington STREETLake 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 408 East Washington STREET, Lake Mills, WI, 53551 at $349,900 posts ROI 16.86% with from $2,054/mo rent. Total monthly income equals $2,054/mo. Return on cash invested measures 16.86% and rental yield reads 7.04% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 87.2% and total cumulative return in cash totals $101,142. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,054/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1898
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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Nearby investment properties with comparable prices
Listed by: Sophia Barry • Berkshire Hathaway HomeServices Sophia Barry Realty Group
Mls Name: WIREX MLS
Mls ID: #1932203