705 Michigan StOmroWI54963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Omro at 705 Michigan St, Omro, WI, 54963 at $148,929 posts ROI 23.47% with $146/mo cash flow from $1,146/mo rent. Total monthly income equals $1,146/mo, and annual cash flow records $1,757/yr on $49,370 to close. Return on cash invested measures 23.47% and rental yield reads 9.23% at the current $148,929. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,146 by year five. Five-year ROI prints 122.69% and total cumulative return in cash totals $60,570.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,146/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2009
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54963, Omro, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,356 (100%) |
| Owner Occupied HU | 2,531 (75.4%) |
| Renter Occupied HU | 533 (15.9%) |
| Vacant Housing Units | 292 ( 8.7%) |
| Median Home Value | $311,250 |
| Average Home Value | $362,670 |
Housing Distribution
Address Breakdown
Residential
3,220
Single Family
3,081
Multi-Family
139
Businesses
146
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Nearby investment properties with comparable prices
Listed by: Amy Williams • RE/MAX 24/7 Real Estate, LLC
Mls Name: RANW
Mls ID: #50301987
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.