607 B Illinois AvenueGreen 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 607 B Illinois Avenue, Green lake, WI, 54941 listed at $1,899,000 pairs $2,226/mo rent with a $9,295/mo payment. Total monthly income runs $2,226/mo. Return on cash invested measures -0.15% in year one, and rental yield registers 1.41% at a $1,899,000 basis. Equity gained on principal adds $12,254/yr, and annual property appreciation at 5% supports $524,659 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,226/mo property income relative to a $9,295/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
0.83 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 Provider:
Mls ID: #1977521
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.