657 Highway 32 #1Three LakesWI54562
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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 Three Lakes at 657 Highway 32 #1, Three Lakes, WI, 54562 offers a 8.32% rental yield on a $229,000 purchase with $1,588/mo rent. Total monthly income registers $1,588/mo, and a $1,121/mo payment leaves $20/mo available for distribution. Annual cash flow reaches $240/yr on $75,914 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 105.39% and total cumulative return in cash at $80,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,588/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
13.80 Acres lot
$N/A/sqft
$31 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54562, Three Lakes, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 935 (30.8%) |
| Renter Occupied HU | 116 ( 3.8%) |
| Vacant Housing Units | 1,982 (65.3%) |
| Median Home Value | $373,990 |
| Average Home Value | $449,805 |
Housing Distribution
Address Breakdown
Residential
1,324
Single Family
1,324
Multi-Family
0
Businesses
119
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Listed by: JUDY BARR & ASSOCIATES • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls Provider:
Mls ID: #211380
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.