997 Elderberry ROAD, Oconomowoc, WI, 53066 | 7.97% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oconomowoc at 997 Elderberry ROAD, Oconomowoc, WI, 53066 listed at $484,900 pairs $3,220/mo rent with a $2,373/mo payment. Total monthly income runs $3,220/mo. Return on cash invested measures 19.66% in year one, and rental yield registers 7.97% at a $484,900 basis. Equity gained on principal adds $3,129/yr, and annual property appreciation at 5% supports $133,969 by year five. Five-year ROI tracks 102.19% and total cumulative return in cash totals $164,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,220/mo property income relative to a $2,373/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 2025

6,969 sqft 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