1011 Michigan AVENUEFond Du LacWI54937
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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 Fond Du Lac at 1011 Michigan AVENUE, Fond Du Lac, WI, 54937 offers $1,942/mo rent that, after a $1,370/mo payment, leaves $64/mo cash flow. Total monthly income is $1,942/mo, and annual cash flow is $762/yr on $92,787 cash. Return on cash invested measures 20.73% in year one, and rental yield stands at 8.33% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 107.94% and total cumulative return in cash reaches $100,153. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,942/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54937, Fond Du Lac, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,316 (100%) |
| Owner Occupied HU | 6,202 (66.6%) |
| Renter Occupied HU | 2,665 (28.6%) |
| Vacant Housing Units | 449 ( 4.8%) |
| Median Home Value | $325,850 |
| Average Home Value | $332,442 |
Housing Distribution
Address Breakdown
Residential
9,171
Single Family
8,311
Multi-Family
860
Businesses
436
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Listed by: Julie Nikolaou • RPM Homes, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1914124
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.