75 Point Elkhart DRIVEElkhart LakeWI53020
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 Elkhart Lake at 75 Point Elkhart DRIVE, Elkhart Lake, WI, 53020 earns from $2,135/mo rent with a $2,335/mo payment. Total monthly income totals $2,135/mo. ROI tracks 8.52% on current figures, and rental yield reads 5.37% at a $477,000 purchase. Equity gained on principal adds $3,078/yr, and 5% annual appreciation supports $131,786 over five years. Five-year ROI reaches 43.67% and total cumulative return in cash sums $69,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,135/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$434 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53020, Elkhart Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,942 (100%) |
| Owner Occupied HU | 1,341 (69.1%) |
| Renter Occupied HU | 225 (11.6%) |
| Vacant Housing Units | 376 (19.4%) |
| Median Home Value | $376,859 |
| Average Home Value | $444,286 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
103
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Nearby investment properties with comparable prices
Listed by: Beth Gotwald • Century 21 Moves
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1925056
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