7744 Otte Drive UNIT 1HaywardWI54843
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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 Hayward at 7744 Otte Drive UNIT 1, Hayward, WI, 54843 uses $127,628 cash to close to unlock $379/yr annual cash flow and $32/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,884/mo payment keeps the spread at $32/mo. Purchase price stands at $385,000, and rental yield measures 8.23% with $2,640/mo rent. Return on cash invested shows 20.21% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 105.2% and total cumulative return in cash records $134,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 1500
N/A lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54843, Hayward, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,183 (100%) |
| Owner Occupied HU | 4,403 (43.2%) |
| Renter Occupied HU | 1,364 (13.4%) |
| Vacant Housing Units | 4,416 (43.4%) |
| Median Home Value | $300,972 |
| Average Home Value | $359,210 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,893
Multi-Family
124
Businesses
605
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Listed by: Cathy Lareau • Area North Realty Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1590134
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.