6928 Connors RdThree 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 6928 Connors Rd, Three Lakes, WI, 54562 offers a 6.6% rental yield on a $380,000 purchase with $2,089/mo rent. 51% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 79.96% and total cumulative return in cash at $100,729. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
1.71 Acres lot
$N/A/sqft
No 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: MARY RADTKE • CENTURY 21 BURKETT - THREE LKS
Mls Name: GNMLS
Mls Provider:
Mls ID: #210469
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.