8992 Balsam LnThree LakesWI54562
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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
Investment Highlights
Rental property for sale in Three Lakes at 8992 Balsam Ln, Three Lakes, WI, 54562 offers $3,121/mo rent that, after a $2,932/mo payment. Total monthly income is $3,121/mo. Return on cash invested measures 14.59% in year one, and rental yield stands at 6.25% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 74.94% and total cumulative return in cash reaches $147,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,121/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54562, Three Lakes, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,033 (100%) |
| Owner Occupied HU | 935 (30.8%) |
| Renter Occupied HU | 116 ( 3.8%) |
| Vacant Housing Units | 1,982 (65.3%) |
| Median Home Value | $373,990 |
| Average Home Value | $449,805 |
Housing Distribution
Address Breakdown
Residential
1,324
Single Family
1,324
Multi-Family
0
Businesses
119
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Listed by: JULIE WINTER-PAEZ (JWP GROUP) • RE/MAX PROPERTY PROS
Mls Name: GNMLS
Mls Provider:
Mls ID: #207845
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.