460 Parker DRIVE #Lt6Genoa CityWI53128
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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 Genoa City at 460 Parker DRIVE #Lt6, Genoa City, WI, 53128 offers a 10.22% rental yield on a $434,900 purchase with $3,703/mo rent. Total monthly income registers $3,703/mo, and a $2,129/mo payment leaves $784/mo available for distribution. Annual cash flow reaches $9,407/yr on $144,169 to close, and return on cash invested stands at 26.43% in year one. Equity gained on principal adds $2,806/yr while 5% annual appreciation supports $120,155 over five years. Portfolio math shows five-year ROI at 138.52% and total cumulative return in cash at $199,697. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,703/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53128, Genoa City, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,241 (100%) |
| Owner Occupied HU | 2,926 (69.0%) |
| Renter Occupied HU | 614 (14.5%) |
| Vacant Housing Units | 701 (16.5%) |
| Median Home Value | $287,603 |
| Average Home Value | $337,323 |
Housing Distribution
Address Breakdown
Residential
3,066
Single Family
3,066
Multi-Family
0
Businesses
133
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Listed by: Kristin Day-Thiele • Bear Realty , Inc. Ken
Mls Name: WIREX MLS
Mls ID: #1945505