1010 Hamilton STREETManitowocWI54220
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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 Manitowoc at 1010 Hamilton STREET, Manitowoc, WI, 54220 offers a 9.48% rental yield on a $129,900 purchase with $1,026/mo rent. Total monthly income registers $1,026/mo, and a $636/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,848/yr on $43,062 to close, and return on cash invested stands at 24.2% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 126.67% and total cumulative return in cash at $54,547. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,026/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1883
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54220, Manitowoc, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,428 (100%) |
| Owner Occupied HU | 12,146 (62.5%) |
| Renter Occupied HU | 6,034 (31.1%) |
| Vacant Housing Units | 1,248 ( 6.4%) |
| Median Home Value | $201,041 |
| Average Home Value | $249,459 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
16,603
Multi-Family
1,843
Businesses
1,021
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Listed by: Matthew Mueller • Coldwell Banker Real Estate Group Manitowoc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1915414
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.