1200 Merryman StMarinetteWI54143
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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 Marinette at 1200 Merryman St, Marinette, WI, 54143 uses $48,631 cash to close to unlock $11,826/yr annual cash flow and $985/mo monthly cash flow. Total monthly income runs $1,970/mo, and a $718/mo payment keeps the spread at $985/mo. Purchase price stands at $146,700, and rental yield measures 16.11% with $1,970/mo rent. Return on cash invested shows 44.23% in year one, and 5% annual appreciation builds toward $40,531 over five years. Five-year ROI reaches 233.98% and total cumulative return in cash records $113,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $718/mo payment rather than investor’s personal income.
Single Family
Built in N/A
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54143, Marinette, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,505 (100%) |
| Owner Occupied HU | 4,837 (64.5%) |
| Renter Occupied HU | 1,928 (25.7%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $154,885 |
| Average Home Value | $196,546 |
Housing Distribution
Address Breakdown
Residential
7,131
Single Family
6,485
Multi-Family
646
Businesses
677
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