Omeara Rd UNIT 6MercerWI54547
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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
Total monthly income runs $420/mo, and a $1,297/mo payment. Purchase price stands at $265,000, and rental yield measures 1.9% with $420/mo rent. Return on cash invested shows 1.35% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 4.05% and total cumulative return in cash records $3,555. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $420/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Condo
Built in N/A
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54547, Mercer, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,117 (100%) |
| Owner Occupied HU | 763 (36.0%) |
| Renter Occupied HU | 132 ( 6.2%) |
| Vacant Housing Units | 1,222 (57.7%) |
| Median Home Value | $372,485 |
| Average Home Value | $397,628 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
830
Multi-Family
18
Businesses
101
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Listed by: MICKI PIERCE-HOLMSTROM • CENTURY 21 PIERCE REALTY - MERCER
Mls Name: GNMLS
Mls Provider:
Mls ID: #207780
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