7020 Grand Geneva WAY #350Lake GenevaWI53147
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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 Lake Geneva at 7020 Grand Geneva WAY #350, Lake Geneva, WI, 53147 generates $952/mo in rent and, after a $582/mo payment, leaves $154/mo in cash flow. Total monthly income is $952/mo, and annual cash flow is $1,848/yr on $39,415 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.61% on a $118,900 entry. Equity gained on principal adds $767/yr, while 5% annual appreciation builds toward $32,850 over five years. Five-year ROI reaches 128.62% and total cumulative return in cash sums $50,698. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $952/mo property income rather than buyer’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53147, Lake Geneva, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,290 (100%) |
| Owner Occupied HU | 5,641 (50.0%) |
| Renter Occupied HU | 2,549 (22.6%) |
| Vacant Housing Units | 3,100 (27.5%) |
| Median Home Value | $394,701 |
| Average Home Value | $490,141 |
Housing Distribution
Address Breakdown
Residential
9,443
Single Family
8,488
Multi-Family
955
Businesses
931
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Listed by: Matthew Trenkle • Standard Real Estate Services, LLC
Mls Name: WIREX MLS
Mls ID: #1947676