N2709 Lakeshore DriveMontelloWI53949
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 Montello at N2709 Lakeshore Drive, Montello, WI, 53949 offers a 11.24% rental yield on a $199,900 purchase with $1,872/mo rent. Total monthly income registers $1,872/mo, and a $978/mo payment leaves $531/mo available for distribution. Annual cash flow reaches $6,370/yr on $66,267 to close, and return on cash invested stands at 29.52% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 155.08% and total cumulative return in cash at $102,769. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,872/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53949, Montello, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 2,424 (56.5%) |
| Renter Occupied HU | 529 (12.3%) |
| Vacant Housing Units | 1,338 (31.2%) |
| Median Home Value | $254,773 |
| Average Home Value | $292,739 |
Housing Distribution
Address Breakdown
Residential
3,041
Single Family
2,995
Multi-Family
46
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina Kloostra • Cotter Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996375
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.