265 Thurow DRIVE UNIT 207OconomowocWI53066
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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 265 Thurow DRIVE UNIT 207, Oconomowoc, WI, 53066 offers a 10.47% rental yield on a $349,500 purchase with $3,049/mo rent. Total monthly income registers $3,049/mo, and a $1,711/mo payment leaves $393/mo available for distribution. Annual cash flow reaches $4,717/yr on $115,859 to close, and return on cash invested stands at 23.98% in year one. Equity gained on principal adds $2,255/yr while 5% annual appreciation supports $96,560 over five years. Portfolio math shows five-year ROI at 126.56% and total cumulative return in cash at $146,629. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,049/mo property income against a $1,711/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2020
N/A lot
$N/A/sqft
$310 monthly 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: Tim Michelic • Realty Executives - Integrity
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1900735
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.