2411 North 1st LANEOconomowocWI53066
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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 2411 North 1st LANE, Oconomowoc, WI, 53066 earns $138/mo cash flow from $2,155/mo rent with a $1,468/mo payment. Total monthly income totals $2,155/mo, and annual cash flow totals $1,656/yr on $99,417 capital. ROI tracks 21.57% on current figures, and rental yield reads 8.62% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 112.51% and total cumulative return in cash sums $111,856. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,155/mo property income instead of your personal income.
Single Family
Built in 1941
0.34 Acres lot
$N/A/sqft
$50 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: Christopher Cousineau • Premier Point Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1907320
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.