1244 Violet STREETOconomowocWI53066
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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 Oconomowoc at 1244 Violet STREET, Oconomowoc, WI, 53066 generates $5,050/mo in rent and, after a $3,445/mo payment, leaves $310/mo in cash flow. Total monthly income is $5,050/mo, and annual cash flow is $3,725/yr on $231,583 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 8.61% on a $703,900 entry. Equity gained on principal adds $4,542/yr, while 5% annual appreciation builds toward $194,475 over five years. Five-year ROI reaches 112.97% and total cumulative return in cash sums $261,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,050/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.27 Acres lot
$N/A/sqft
$190 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53066, Oconomowoc, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 12,168 (70.1%) |
| Renter Occupied HU | 3,814 (22.0%) |
| Vacant Housing Units | 1,379 ( 7.9%) |
| Median Home Value | $467,611 |
| Average Home Value | $564,485 |
Housing Distribution
Address Breakdown
Residential
16,805
Single Family
15,139
Multi-Family
1,666
Businesses
1,038
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Listed by: Jennifer Durand • Bielinski Homes, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895002
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.