56-02 Lausanne COURT #56-02Lake 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
Total monthly income runs $1,626/mo, and a $1,566/mo payment. Purchase price stands at $320,000, and rental yield measures 6.1% with $1,626/mo rent. Return on cash invested shows 14.01% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 71.91% and total cumulative return in cash records $76,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,626/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Condo
Built in 1978
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: Leslie Boyea • Quorum Enterprises, Inc.
Mls Name: WIREX MLS
Mls ID: #1945010