W344N7115 Timber Ridge DRIVEOconomowocWI53066
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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 W344N7115 Timber Ridge DRIVE, Oconomowoc, WI, 53066 generates $4,696/mo in rent and, after a $2,687/mo payment, leaves $1,012/mo in cash flow. Total monthly income is $4,696/mo, and annual cash flow is $12,140/yr on $180,621 invested. Return on cash invested sits at 26.78% in year one, and rental yield is 10.26% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 140.35% and total cumulative return in cash sums $253,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,696/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
2.15 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: Reid Brueser • T3 Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1883177
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.