516 Laurel Lake ROAD #4TheinsvilleWI53092
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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 Theinsville at 516 Laurel Lake ROAD #4, Theinsville, WI, 53092 offers a 8.97% rental yield on a $239,900 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $1,174/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,210/yr on $79,527 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 118.49% and total cumulative return in cash at $94,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53092, Thiensville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,948 (100%) |
| Owner Occupied HU | 7,412 (74.5%) |
| Renter Occupied HU | 1,846 (18.6%) |
| Vacant Housing Units | 690 ( 6.9%) |
| Median Home Value | $501,205 |
| Average Home Value | $578,299 |
Housing Distribution
Address Breakdown
Residential
9,622
Single Family
8,360
Multi-Family
1,262
Businesses
1,405
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Listed by: Barbara Bryan • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1930994