224 1st StOcontoWI54153
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 224 1st St, Oconto, WI, 54153 in Oconto hard to pass up. The 11.99% gross yield on a $174,900 purchase results in $1,747/mo in rent and $573/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.22). Annual cash flow of $6,881, five-year appreciation of $48,322, and $1,611/yr in equity build-up combine for a projected total cumulative return of $103,669.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $573 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,747 |
| Total Monthly Debt Service | $1,104 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1945
6,969 sqft 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
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
Single Family
Built in 1945
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Seims • 4% Realty
Mls Name: RANW
Mls ID: #50304947
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.