9352 South Alder PLACE UNIT 103Oak 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 9352 South Alder PLACE UNIT 103, Oak Creek, WI, 53154 generates $3,352/mo in rent, after a $2,819/mo payment. Total monthly income is $3,352/mo. Return on cash invested sits at 15.47% in year one, and rental yield is 6.98% on a $576,000 entry. Equity gained on principal adds $3,717/yr, while 5% annual appreciation builds toward $159,138 over five years. Five-year ROI reaches 80.16% and total cumulative return in cash sums $151,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,352/mo property income rather than buyer’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$212 monthly 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: Holly Speranza • Keller Williams-MNS Wauwatosa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1901927
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.