708 Geneva National AVENUE #NLake GenevaWI53147
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
Rental property for sale in Lake Geneva at 708 Geneva National AVENUE #N, Lake Geneva, WI, 53147 generates $1,920/mo in rent and, after a $964/mo payment, leaves $598/mo in cash flow. Total monthly income is $1,920/mo, and annual cash flow is $7,177/yr on $65,306 invested. Return on cash invested sits at 30.9% in year one, and rental yield is 11.7% on a $197,000 entry. Equity gained on principal adds $1,271/yr, while 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 162.53% and total cumulative return in cash sums $106,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Condo
Built in 1992
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Dunn • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1948860