624 Wilmot AVENUETwin 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 624 Wilmot AVENUE, Twin Lakes, WI, 53181 priced at $195,000 converts $1,724/mo rent into $416/mo cash flow after a $954/mo obligation. Total monthly income equals $1,724/mo, and annual cash flow totals $4,989/yr on $64,643 invested. Return on cash invested prints 27.63% in year one, and rental yield reads 10.61% against a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation compiles into $53,875 by year five. Five-year ROI reaches 144.9% and total cumulative return in cash sums $93,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,724/mo property income covering a $954/mo payment, not borrower’s personal income.
Single Family
Built in 1926
8,712 sqft 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: Leslie Boyea • Quorum Enterprises, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1898976
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.