510 East Laverne DRIVEOak CreekWI53154
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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 Oak Creek at 510 East Laverne DRIVE, Oak Creek, WI, 53154 generates $3,431/mo in rent and, after a $1,738/mo payment, leaves $1,048/mo in cash flow. Total monthly income is $3,431/mo, and annual cash flow is $12,577/yr on $117,683 invested. Return on cash invested sits at 30.6% in year one, and rental yield is 11.6% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 160.87% and total cumulative return in cash sums $189,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,431/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53154, Oak Creek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,821 (100%) |
| Owner Occupied HU | 8,928 (53.1%) |
| Renter Occupied HU | 6,972 (41.4%) |
| Vacant Housing Units | 921 ( 5.5%) |
| Median Home Value | $342,543 |
| Average Home Value | $352,353 |
Housing Distribution
Address Breakdown
Residential
16,679
Single Family
13,579
Multi-Family
3,100
Businesses
980
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