N51W34861 Wisconsin AVENUE UNIT 1113OkaucheeWI53069
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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 Okauchee at N51W34861 Wisconsin AVENUE UNIT 1113, Okauchee, WI, 53069 offers a 4.1% rental yield on a $349,500 purchase with $1,194/mo rent. 84% in year one. Equity gained on principal adds $2,255/yr while 5% annual appreciation supports $96,560 over five years. Portfolio math shows five-year ROI at 18.87% and total cumulative return in cash at $21,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,194/mo property income against a $1,711/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2007
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53069, Okauchee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 405 (100%) |
| Owner Occupied HU | 281 (69.4%) |
| Renter Occupied HU | 77 (19.0%) |
| Vacant Housing Units | 47 (11.6%) |
| Median Home Value | $593,182 |
| Average Home Value | $674,066 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
342
Multi-Family
57
Businesses
67
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Listed by: Kelly Dirk • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1890429
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.