1015 Michigan Ave NFond 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
Investment property for sale in Fond Du Lac at 1015 Michigan Ave N, Fond Du Lac, WI, 54937 listed at $254,900 pairs $2,166/mo rent with a $1,248/mo payment to leave $455/mo cash flow. Total monthly income runs $2,166/mo, and annual cash flow reaches $5,459/yr on $84,499 cash to close. Return on cash invested measures 26.37% in year one, and rental yield registers 10.2% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 138.16% and total cumulative return in cash totals $116,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,166/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,969 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: Sara Stocks • Money Back Realty LLC
Mls Name: RANW
Mls ID: #50319288