510 Lake STREETCascadeWI53011
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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 Cascade at 510 Lake STREET, Cascade, WI, 53011 uses $213,817 cash to close to unlock $11,008/yr annual cash flow and $917/mo monthly cash flow. Total monthly income runs $5,279/mo, and a $3,181/mo payment keeps the spread at $917/mo. Purchase price stands at $649,900, and rental yield measures 9.75% with $5,279/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 131.93% and total cumulative return in cash records $282,090. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,279/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1964
3.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53011, Cascade, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,087 (100%) |
| Owner Occupied HU | 811 (74.6%) |
| Renter Occupied HU | 120 (11.0%) |
| Vacant Housing Units | 156 (14.4%) |
| Median Home Value | $347,129 |
| Average Home Value | $400,287 |
Housing Distribution
Address Breakdown
Residential
904
Single Family
904
Multi-Family
0
Businesses
35
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Listed by: Schlafke Team* • RE/MAX Universal
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1916300
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.