1388 Prairie Creek CIRCLE #12EOconomowocWI53066
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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 Oconomowoc at 1388 Prairie Creek CIRCLE #12E, Oconomowoc, WI, 53066 earns from $1,885/mo rent with a $3,328/mo payment. Total monthly income totals $1,885/mo. ROI tracks 5.69% on current figures, and rental yield reads 3.33% at a $679,900 purchase. Equity gained on principal adds $4,387/yr, and 5% annual appreciation supports $187,844 over five years. Five-year ROI reaches 27.26% and total cumulative return in cash sums $60,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,885/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
No 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: Brady O'Donnell • Kings Way Realty, LLC
Mls Name: WIREX MLS
Mls ID: #1946708