335 West 2nd STREET, Oconomowoc, WI, 53066 | $415/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oconomowoc at 335 West 2nd STREET, Oconomowoc, WI, 53066 offers a 9.41% rental yield on a $367,000 purchase with $2,878/mo rent. Total monthly income registers $2,878/mo, and a $1,796/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,983/yr on $121,661 to close, and return on cash invested stands at 24.01% in year one. Equity gained on principal adds $2,368/yr while 5% annual appreciation supports $101,395 over five years. Portfolio math shows five-year ROI at 125.52% and total cumulative return in cash at $152,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,878/mo property income against a $1,796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1932

5,227 sqft 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