296 Oconomowoc PARKWAYOconomowocWI53066
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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 Oconomowoc at 296 Oconomowoc PARKWAY, Oconomowoc, WI, 53066 priced at $339,900 pairs $2,545/mo rent with $264/mo cash flow after a $1,664/mo payment. Total monthly income equals $2,545/mo, and annual cash flow comes to $3,162/yr on $112,677 invested. Return on cash invested is 22.72% in year one, and rental yield stands at 8.98% on a $339,900 basis. Equity gained on principal adds $2,193/yr, and 5% annual appreciation accumulates to $93,908 by year five. Five-year ROI measures 118.59% and total cumulative return in cash reaches $133,619. For financing, Ziffy Mortgage’s DSCR program evaluates $2,545/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2003
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: Kathryn Budda • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1937669