605 Gatewood DrTwin LakesWI53181
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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
Rental property for sale in Twin Lakes at 605 Gatewood Dr, Twin Lakes, WI, 53181 priced at $265,000 converts $1,997/mo rent into $219/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,997/mo, and annual cash flow totals $2,623/yr on $87,848 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 9.04% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 119.56% and total cumulative return in cash sums $105,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,997/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Multi Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53181, Twin Lakes, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 2,423 (59.4%) |
| Renter Occupied HU | 764 (18.7%) |
| Vacant Housing Units | 894 (21.9%) |
| Median Home Value | $324,062 |
| Average Home Value | $373,123 |
Housing Distribution
Address Breakdown
Residential
3,537
Single Family
3,355
Multi-Family
182
Businesses
183
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Listed by: Monica Mitchell • Starck Real Estate
Mls Name: BHHS broker feed
Mls ID: #1906177