1005 Edwin STREETMarinetteWI54143
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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 Marinette at 1005 Edwin STREET, Marinette, WI, 54143 with 5% annual appreciation on a $249,900 basis while $2,111/mo rent supports operations. Total monthly income totals $2,111/mo and a $1,223/mo payment preserves $434/mo for cash returns. Annual cash flow comes to $5,208/yr on $82,842 deployed, and return on cash invested reaches 26.2% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 10.14%. Five-year ROI measures 137.3% and total cumulative return in cash totals $113,738.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,111/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54143, Marinette, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,505 (100%) |
| Owner Occupied HU | 4,837 (64.5%) |
| Renter Occupied HU | 1,928 (25.7%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $154,885 |
| Average Home Value | $196,546 |
Housing Distribution
Address Breakdown
Residential
7,131
Single Family
6,485
Multi-Family
646
Businesses
677
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Listed by: Julie Derusha • JD 1st Real Estate, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1889803
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.