W179 Madison AVENUEOconomowocWI53066
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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 Oconomowoc at W179 Madison AVENUE, Oconomowoc, WI, 53066 priced at $379,000 converts $2,671/mo rent into $127/mo cash flow after a $1,855/mo obligation. Total monthly income equals $2,671/mo, and annual cash flow totals $1,530/yr on $125,639 invested. Return on cash invested prints 21.13% in year one, and rental yield reads 8.46% against a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation compiles into $104,711 by year five. Five-year ROI reaches 110.06% and total cumulative return in cash sums $138,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,671/mo property income covering a $1,855/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.34 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: Tina Monroe • Dedrick Homes
Mls Name: WIREX MLS
Mls ID: #1944483