1603 Park AveOcontoWI54153
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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 Oconto at 1603 Park Ave, Oconto, WI, 54153 offers $1,681/mo rent that, after a $1,344/mo payment. Total monthly income is $1,681/mo. Return on cash invested measures 17.78% in year one, and rental yield stands at 7.35% at a $274,500 entry. Equity gained on principal adds $1,771/yr while 5% annual appreciation compounds into $75,839 by year five. Five-year ROI records 92.14% and total cumulative return in cash reaches $83,842. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,681/mo property income versus a $1,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54153, Oconto, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,429 (68.7%) |
| Renter Occupied HU | 796 (22.5%) |
| Vacant Housing Units | 310 ( 8.8%) |
| Median Home Value | $225,852 |
| Average Home Value | $266,955 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
2,981
Multi-Family
187
Businesses
238
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