1134 Tanglewood ROADManitowocWI54220
Nearby investment properties with comparable rents
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 Manitowoc at 1134 Tanglewood ROAD, Manitowoc, WI, 54220 priced at $384,900 converts $3,001/mo rent into $418/mo cash flow after a $1,884/mo obligation. Total monthly income equals $3,001/mo, and annual cash flow totals $5,013/yr on $127,594 invested. Return on cash invested prints 23.84% in year one, and rental yield reads 9.36% against a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,341 by year five. Five-year ROI reaches 124.6% and total cumulative return in cash sums $158,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,001/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.33 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: August Richter • Keller Williams-Manitowoc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1898643
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.