711 Cherokee PATH #6, Lake Mills, WI, 53551 | $298/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Mills at 711 Cherokee PATH #6, Lake Mills, WI, 53551 generates $2,897/mo in rent and, after a $1,713/mo payment, leaves $298/mo in cash flow. Total monthly income is $2,897/mo, and annual cash flow is $3,580/yr on $115,992 invested. Return on cash invested sits at 23% in year one, and rental yield is 9.94% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash sums $140,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,897/mo property income rather than buyer’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

$250 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 53551, Lake Mills, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,328 (100%)
Owner Occupied HU	2,898 (67.0%)
Renter Occupied HU	938 (21.7%)
Vacant Housing Units	492 (11.4%)
Median Home Value	$367,604
Average Home Value	$467,331