1020 28th STREETTwo RiversWI54241
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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 Two Rivers at 1020 28th STREET, Two Rivers, WI, 54241 offers a 13.84% rental yield on a $114,000 purchase with $1,315/mo rent. Total monthly income registers $1,315/mo, and a $558/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,599/yr on $37,791 to close, and return on cash invested stands at 37.37% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 197.18% and total cumulative return in cash at $74,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,315/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54241, Two Rivers, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,104 (100%) |
| Owner Occupied HU | 4,808 (67.7%) |
| Renter Occupied HU | 1,634 (23.0%) |
| Vacant Housing Units | 662 ( 9.3%) |
| Median Home Value | $206,797 |
| Average Home Value | $248,037 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,304
Multi-Family
485
Businesses
387
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Listed by: Andrew Bunge • Shorewest Realtors, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1903177
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.