W8129 Manchester LANE UNIT 22Lake MillsWI53551
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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 Lake Mills at W8129 Manchester LANE UNIT 22, Lake Mills, WI, 53551 earns from $3,248/mo rent with a $2,912/mo payment. Total monthly income totals $3,248/mo. ROI tracks 14.07% on current figures, and rental yield reads 6.55% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 72.7% and total cumulative return in cash sums $142,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,248/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$233 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53551, Lake Mills, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,328 (100%) |
| Owner Occupied HU | 2,898 (67.0%) |
| Renter Occupied HU | 938 (21.7%) |
| Vacant Housing Units | 492 (11.4%) |
| Median Home Value | $367,604 |
| Average Home Value | $467,331 |
Housing Distribution
Address Breakdown
Residential
4,048
Single Family
3,835
Multi-Family
213
Businesses
305
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Listed by: Barry Luce • RE/MAX Community Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1896959
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.