N9015 Highview RdElkhart LakeWI53020
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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 Elkhart Lake at N9015 Highview Rd, Elkhart Lake, WI, 53020 generates $2,644/mo in rent, after a $2,231/mo payment. Total monthly income is $2,644/mo. Return on cash invested sits at 16.61% in year one, and rental yield is 6.96% on a $455,800 entry. Equity gained on principal adds $2,941/yr, while 5% annual appreciation builds toward $125,929 over five years. Five-year ROI reaches 85.84% and total cumulative return in cash sums $129,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1895
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53020, Elkhart Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,942 (100%) |
| Owner Occupied HU | 1,341 (69.1%) |
| Renter Occupied HU | 225 (11.6%) |
| Vacant Housing Units | 376 (19.4%) |
| Median Home Value | $376,859 |
| Average Home Value | $444,286 |
Housing Distribution
Address Breakdown
Residential
1,430
Single Family
1,430
Multi-Family
0
Businesses
103
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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