83 Red Chimney ROAD #6Lake GenevaWI53147
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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 Geneva at 83 Red Chimney ROAD #6, Lake Geneva, WI, 53147 at $248,000 posts ROI 20.37% with $31/mo cash flow from $1,696/mo rent. Total monthly income equals $1,696/mo, and annual cash flow records $378/yr on $82,212 to close. Return on cash invested measures 20.37% and rental yield reads 8.21% at the current $248,000. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 by year five. Five-year ROI prints 106.01% and total cumulative return in cash totals $87,150.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
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: Yuridia Peralta Valadez • MELGES Real Estate, LLC
Mls Name: WIREX MLS
Mls ID: #1933084