1464 N Rapids RdManitowocWI54220
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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 Manitowoc at 1464 N Rapids Rd, Manitowoc, WI, 54220 with 5% annual appreciation on a $289,600 basis while $2,443/mo rent supports operations. Total monthly income totals $2,443/mo and a $1,417/mo payment preserves $500/mo for cash returns. Annual cash flow comes to $5,999/yr on $96,002 deployed, and return on cash invested reaches 26.16% in year one. Equity gained on principal adds $1,869/yr, and five-year appreciation sums $80,011 alongside rental yield of 10.12%. Five-year ROI measures 137.03% and total cumulative return in cash totals $131,555.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,443/mo property income versus a $1,417/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.60 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
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