N2771 Lakeshore DriveMontelloWI53949
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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 Montello at N2771 Lakeshore Drive, Montello, WI, 53949 priced at $279,900 converts $1,670/mo rent into after a $1,370/mo obligation. Total monthly income equals $1,670/mo. Return on cash invested prints 17.21% in year one, and rental yield reads 7.16% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 89.08% and total cumulative return in cash sums $82,657. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,670/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.46 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
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Listed by: Debbie Daniels • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992838
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.