998 North Griffith ROADOconomowocWI53066
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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
Investment property for sale in Oconomowoc at 998 North Griffith ROAD, Oconomowoc, WI, 53066 listed at $1,950,000 pairs $7,114/mo rent with a $9,544/mo payment. Total monthly income runs $7,114/mo. Return on cash invested measures 9.03% in year one, and rental yield registers 4.38% at a $1,950,000 basis. Equity gained on principal adds $12,583/yr, and annual property appreciation at 5% supports $538,749 by year five. Five-year ROI tracks 45.08% and total cumulative return in cash totals $284,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,114/mo property income relative to a $9,544/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
2.68 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: Jennifer Pesicek • Coldwell Banker Elite
Mls Name: WIREX MLS
Mls ID: #1933246