902 Oconomowoc PARKWAYOconomowocWI53066
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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 902 Oconomowoc PARKWAY, Oconomowoc, WI, 53066 priced at $299,900 pairs $2,596/mo rent with $313/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,596/mo, and annual cash flow comes to $3,758/yr on $99,417 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 10.39% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 125.02% and total cumulative return in cash reaches $124,288. For financing, Ziffy Mortgage’s DSCR program evaluates $2,596/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1999
N/A lot
$N/A/sqft
$270 monthly 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: Kristina Wudtke • RE/MAX Service First
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1895443
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.