N2690 Forest DRIVELake GenevaWI53147
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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 Lake Geneva at N2690 Forest DRIVE, Lake Geneva, WI, 53147 with 5% annual appreciation on a $279,000 basis while $2,185/mo rent supports operations. Total monthly income totals $2,185/mo and a $1,366/mo payment preserves $270/mo for cash returns. Annual cash flow comes to $3,246/yr on $92,489 deployed, and return on cash invested reaches 23.42% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 9.4%. Five-year ROI measures 122.57% and total cumulative return in cash totals $113,359.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,185/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.40 Acres lot
$N/A/sqft
$500 annually 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: Fred Geldermann • @properties
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911350
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.