1602 Main AVENUESheboyganWI53083
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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 Sheboygan at 1602 Main AVENUE, Sheboygan, WI, 53083 uses $51,349 cash to close to unlock $2,299/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,231/mo, and a $758/mo payment keeps the spread at $192/mo. Purchase price stands at $154,900, and rental yield measures 9.54% with $1,231/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash records $65,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,231/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1939
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53083, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 6,589 (69.6%) |
| Renter Occupied HU | 2,474 (26.1%) |
| Vacant Housing Units | 404 ( 4.3%) |
| Median Home Value | $276,498 |
| Average Home Value | $331,912 |
Housing Distribution
Address Breakdown
Residential
9,373
Single Family
8,567
Multi-Family
806
Businesses
353
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