530 East Hiawatha Drive #315Wisconsin DellsWI53965
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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 Wisconsin Dells at 530 East Hiawatha Drive #315, Wisconsin Dells, WI, 53965 uses $94,478 cash to close to unlock $3,351/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,192/mo, and a $1,395/mo payment keeps the spread at $279/mo. Purchase price stands at $285,000, and rental yield measures 9.23% with $2,192/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 122.58% and total cumulative return in cash records $115,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,192/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53965, Wisconsin Dells, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 3,558 (51.5%) |
| Renter Occupied HU | 1,429 (20.7%) |
| Vacant Housing Units | 1,921 (27.8%) |
| Median Home Value | $271,816 |
| Average Home Value | $341,589 |
Housing Distribution
Address Breakdown
Residential
5,254
Single Family
4,917
Multi-Family
337
Businesses
531
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Listed by: Lisa Pfeifer • Bunbury, REALTORS-Wis Dells Realty
Mls Name: WIREX MLS
Mls ID: #2006490