490 South Lawson Drive #B1Green 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
Investment property for sale in Green Lake at 490 South Lawson Drive #B1, Green Lake, WI, 54941 earns from $2,021/mo rent with a $3,911/mo payment. Total monthly income totals $2,021/mo. ROI tracks 4.81% on current figures, and rental yield reads 3.04% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 22.52% and total cumulative return in cash sums $59,190. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,021/mo property income instead of your personal income.
Condo
Built in 1973
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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Listed by: Jeffrey Shadick • Better Homes and Gardens Real Estate Special Properties
Mls Name: WIREX MLS
Mls ID: #2011751