Investing in Walworth County
Walworth County covers 3 rental markets we actively finance in Wisconsin — Elkhorn, Lake Geneva, Whitewater. Across those markets the median investment basis averages $356,667, a long-term lease averages $1,992/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,676. That produces a county-wide average DSCR ratio near 0.82x.
Basis varies more inside Walworth County than the average suggests. Whitewater is the lowest entry point at roughly $250,000, while Elkhorn currently models the strongest coverage ratio in the county at 1.01x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.