402 West Oakland AVENUEPort WashingtonWI53074
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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 Port Washington at 402 West Oakland AVENUE, Port Washington, WI, 53074 offers a 11.5% rental yield on a $319,900 purchase with $3,066/mo rent. Total monthly income registers $3,066/mo, and a $1,566/mo payment leaves $919/mo available for distribution. Annual cash flow reaches $11,026/yr on $106,047 to close, and return on cash invested stands at 30.31% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 159.27% and total cumulative return in cash at $168,896. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,066/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53074, Port Washington, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,925 (63.4%) |
| Renter Occupied HU | 1,948 (31.4%) |
| Vacant Housing Units | 322 ( 5.2%) |
| Median Home Value | $335,091 |
| Average Home Value | $390,703 |
Housing Distribution
Address Breakdown
Residential
5,989
Single Family
5,220
Multi-Family
769
Businesses
491
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Listed by: Sharayah Fromstein • Lannon Stone Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1898904
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.