860 South Silver Lake STREETOconomowocWI53066
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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 860 South Silver Lake STREET, Oconomowoc, WI, 53066 offers $4,542/mo rent that, after a $2,691/mo payment, leaves $852/mo cash flow. Total monthly income is $4,542/mo, and annual cash flow is $10,224/yr on $180,917 cash. Return on cash invested measures 25.71% in year one, and rental yield stands at 9.91% at a $549,900 entry. Equity gained on principal adds $3,548/yr while 5% annual appreciation compounds into $151,927 by year five. Five-year ROI records 134.64% and total cumulative return in cash reaches $243,590. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,542/mo property income versus a $2,691/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.52 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: Thomas Squier • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls ID: #1923553