N9380 Wayne DrSummit LakeWI54485
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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 Summit Lake at N9380 Wayne Dr, Summit Lake, WI, 54485 earns from $0/mo rent with a $1,468/mo payment. Total monthly income totals $0/mo. ROI tracks -4.39% on current figures, and rental yield reads 0% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in N/A
2.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54485, Summit Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 177 (40.6%) |
| Renter Occupied HU | 28 ( 6.4%) |
| Vacant Housing Units | 231 (53.0%) |
| Median Home Value | $276,389 |
| Average Home Value | $311,031 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
169
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: CONNIE BRAYTON • LAKE COUNTRY REALTY
Mls Name: GNMLS
Mls Provider:
Mls ID: #212917
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.