W857 Summit CourtGreen LakeWI54941
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Green Lake at W857 Summit Court, Green Lake, WI, 54941 priced at $549,000 converts $2,786/mo rent into after a $2,687/mo obligation. Total monthly income equals $2,786/mo. Return on cash invested prints 14.09% in year one, and rental yield reads 6.09% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 72.31% and total cumulative return in cash sums $130,604. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,786/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54941, Green Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,969 (100%) |
| Owner Occupied HU | 983 (49.9%) |
| Renter Occupied HU | 262 (13.3%) |
| Vacant Housing Units | 724 (36.8%) |
| Median Home Value | $373,580 |
| Average Home Value | $509,547 |
Housing Distribution
Address Breakdown
Residential
1,330
Single Family
1,238
Multi-Family
92
Businesses
157
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Shadick • Better Homes and Gardens Real Estate Special Properties
Mls Name: WIREX MLS
Mls ID: #2003566