622 2nd StOcontoWI54153
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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 Oconto at 622 2nd St, Oconto, WI, 54153 uses $59,637 cash to close to unlock $4,934/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $1,619/mo, and a $881/mo payment keeps the spread at $411/mo. Purchase price stands at $179,900, and rental yield measures 10.8% with $1,619/mo rent. Return on cash invested shows 28.18% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 147.97% and total cumulative return in cash records $88,245. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,619/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54153, Oconto, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,535 (100%) |
| Owner Occupied HU | 2,429 (68.7%) |
| Renter Occupied HU | 796 (22.5%) |
| Vacant Housing Units | 310 ( 8.8%) |
| Median Home Value | $225,852 |
| Average Home Value | $266,955 |
Housing Distribution
Address Breakdown
Residential
3,168
Single Family
2,981
Multi-Family
187
Businesses
238
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