924 East Minnesota AVENUEOak CreekWI53154
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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 Oak Creek at 924 East Minnesota AVENUE, Oak Creek, WI, 53154 priced at $349,900 converts $2,794/mo rent into $445/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,794/mo, and annual cash flow totals $5,344/yr on $115,992 invested. Return on cash invested prints 24.52% in year one, and rental yield reads 9.58% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 128.26% and total cumulative return in cash sums $148,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,794/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53154, Oak Creek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,821 (100%) |
| Owner Occupied HU | 8,928 (53.1%) |
| Renter Occupied HU | 6,972 (41.4%) |
| Vacant Housing Units | 921 ( 5.5%) |
| Median Home Value | $342,543 |
| Average Home Value | $352,353 |
Housing Distribution
Address Breakdown
Residential
16,679
Single Family
13,579
Multi-Family
3,100
Businesses
980
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Listed by: Andrea Hueppe • Homestead Realty, Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1893188
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.