111 3RD STREETPort EdwardsWI54469
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Nearby investment properties with comparable prices
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 Port Edwards at 111 3RD STREET, Port Edwards, WI, 54469 offers $1,843/mo rent that, after a $1,224/mo payment, leaves $165/mo cash flow. Total monthly income is $1,843/mo, and annual cash flow is $1,978/yr on $82,875 cash. Return on cash invested measures 22.3% in year one, and rental yield stands at 8.85% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 116.33% and total cumulative return in cash reaches $96,406. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,843/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1931
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54469, Port Edwards, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 765 (100%) |
| Owner Occupied HU | 573 (74.9%) |
| Renter Occupied HU | 155 (20.3%) |
| Vacant Housing Units | 37 ( 4.8%) |
| Median Home Value | $172,994 |
| Average Home Value | $196,789 |
Housing Distribution
Address Breakdown
Residential
738
Single Family
692
Multi-Family
46
Businesses
26
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Listed by: Travis Mcmahon • LAKELAND REAL ESTATE LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22404645
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.