500 S Edwards BOULEVARD #31Lake 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
Investment property for sale in Lake Geneva at 500 S Edwards BOULEVARD #31, Lake Geneva, WI, 53147 listed at $325,000 pairs $2,518/mo rent with a $1,591/mo payment to leave $337/mo cash flow. Total monthly income runs $2,518/mo, and annual cash flow reaches $4,039/yr on $107,738 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 9.3% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 123.63% and total cumulative return in cash totals $133,201. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,518/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1999
N/A 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: Lake Geneva Area Realty Team* • Lake Geneva Area Realty, Inc.
Mls Name: WIREX MLS
Mls ID: #1944272