N2396 Bobcat Lake RoadElroyWI53929
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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
Investment property for sale in Elroy at N2396 Bobcat Lake Road, Elroy, WI, 53929 earns from $2,164/mo rent with a $3,402/mo payment. Total monthly income totals $2,164/mo. ROI tracks 6.94% on current figures, and rental yield reads 3.74% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 33.94% and total cumulative return in cash sums $77,610. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,164/mo property income instead of your personal income.
Single Family
Built in 1979
53.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53929, Elroy, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 846 (67.2%) |
| Renter Occupied HU | 242 (19.2%) |
| Vacant Housing Units | 170 (13.5%) |
| Median Home Value | $279,231 |
| Average Home Value | $309,087 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,118
Multi-Family
32
Businesses
81
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Listed by: Seth Tully • Castle Rock Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1977953
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.