610 East Lake STREETHoriconWI53032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Horicon at 610 East Lake STREET, Horicon, WI, 53032 offers a 11.44% rental yield on a $184,900 purchase with $1,763/mo rent. Total monthly income registers $1,763/mo, and a $905/mo payment leaves $522/mo available for distribution. Annual cash flow reaches $6,265/yr on $61,294 to close, and return on cash invested stands at 30.13% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 158.43% and total cumulative return in cash at $97,111. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,763/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53032, Horicon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,548 (69.5%) |
| Renter Occupied HU | 576 (25.9%) |
| Vacant Housing Units | 104 ( 4.7%) |
| Median Home Value | $280,046 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
2,207
Single Family
2,012
Multi-Family
195
Businesses
130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Bruyette • Coldwell Banker Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1891298
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.