7241 Kelly DrLake TomahawkWI54539
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
Investment property for sale in Lake Tomahawk at 7241 Kelly Dr, Lake Tomahawk, WI, 54539 offers a 6.04% rental yield on a $299,000 purchase with $1,505/mo rent. 84% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 70.99% and total cumulative return in cash at $70,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,505/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54539, Lake Tomahawk, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 684 (34.5%) |
| Renter Occupied HU | 81 ( 4.1%) |
| Vacant Housing Units | 1,218 (61.4%) |
| Median Home Value | $342,958 |
| Average Home Value | $422,350 |
Housing Distribution
Address Breakdown
Residential
926
Single Family
926
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JULIE WINTER-PAEZ (JWP GROUP) • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls ID: #215532