433 Lake StreetGreen LakeWI54941
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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 Green Lake at 433 Lake Street, Green Lake, WI, 54941 priced at $449,000 converts $2,250/mo rent into after a $2,198/mo obligation. Total monthly income equals $2,250/mo. Return on cash invested prints 13.75% in year one, and rental yield reads 6.01% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 70.53% and total cumulative return in cash sums $104,980. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,250/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54941, Green Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 983 (49.9%) |
| Renter Occupied HU | 262 (13.3%) |
| Vacant Housing Units | 724 (36.8%) |
| Median Home Value | $373,580 |
| Average Home Value | $509,547 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,238
Multi-Family
92
Businesses
157
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Nearby investment properties with comparable prices
Listed by: Sarah Loberg • Better Homes and Gardens Real Estate Special Properties
Mls Name: WIREX MLS
Mls ID: #2008491