1509 Cardinal STREETBangorWI54614
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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 Bangor at 1509 Cardinal STREET, Bangor, WI, 54614 uses $72,897 cash to close to unlock $738/yr annual cash flow and $62/mo monthly cash flow. Total monthly income runs $1,537/mo, and a $1,076/mo payment keeps the spread at $62/mo. Purchase price stands at $219,900, and rental yield measures 8.39% with $1,537/mo rent. Return on cash invested shows 20.92% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 108.98% and total cumulative return in cash records $79,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,537/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54614, Bangor, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 941 (75.3%) |
| Renter Occupied HU | 241 (19.3%) |
| Vacant Housing Units | 67 ( 5.4%) |
| Median Home Value | $298,810 |
| Average Home Value | $357,960 |
Housing Distribution
Address Breakdown
Residential
1,080
Single Family
1,021
Multi-Family
59
Businesses
71
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