W5671 Castaway DriveNew LisbonWI53950
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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 New Lisbon at W5671 Castaway Drive, New Lisbon, WI, 53950 priced at $689,000 converts $3,788/mo rent into after a $3,372/mo obligation. Total monthly income equals $3,788/mo. Return on cash invested prints 15.35% in year one, and rental yield reads 6.6% against a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation compiles into $190,358 by year five. Five-year ROI reaches 79.17% and total cumulative return in cash sums $179,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,788/mo property income covering a $3,372/mo payment, not borrower’s personal income.
Single Family
Built in 2012
0.48 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53950, New Lisbon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,988 (100%) |
| Owner Occupied HU | 1,524 (51.0%) |
| Renter Occupied HU | 406 (13.6%) |
| Vacant Housing Units | 1,058 (35.4%) |
| Median Home Value | $234,333 |
| Average Home Value | $270,026 |
Housing Distribution
Address Breakdown
Residential
2,555
Single Family
2,507
Multi-Family
48
Businesses
114
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Listed by: Jennifer Ingiald • WisconsinLakefront.com, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1992595
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.