787 Red Oak DRIVEOconomowocWI53066
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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 Oconomowoc at 787 Red Oak DRIVE, Oconomowoc, WI, 53066 offers $6,617/mo rent that, after a $4,111/mo payment, leaves $980/mo cash flow. Total monthly income is $6,617/mo, and annual cash flow is $11,762/yr on $276,327 cash. Return on cash invested measures 24.32% in year one, and rental yield stands at 9.45% at a $839,900 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,049 by year five. Five-year ROI records 127.14% and total cumulative return in cash reaches $351,331. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,617/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53066, Oconomowoc, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,361 (100%) |
| Owner Occupied HU | 12,168 (70.1%) |
| Renter Occupied HU | 3,814 (22.0%) |
| Vacant Housing Units | 1,379 ( 7.9%) |
| Median Home Value | $467,611 |
| Average Home Value | $564,485 |
Housing Distribution
Address Breakdown
Residential
16,805
Single Family
15,139
Multi-Family
1,666
Businesses
1,038
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Listed by: Jill Lambert • First Weber Inc - Delafield
Mls Name: WIREX MLS
Mls ID: #1927200