524 South StreetGreen 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 524 South Street, Green Lake, WI, 54941 uses $102,434 cash to close to unlock $2,120/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $2,250/mo, and a $1,512/mo payment keeps the spread at $177/mo. Purchase price stands at $309,000, and rental yield measures 8.74% with $2,250/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 114.64% and total cumulative return in cash records $117,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,250/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.43 Acres 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: #2005852