1603 Martin 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
Rental property for sale in Sheboygan at 1603 Martin AVENUE, Sheboygan, WI, 53083 generates $1,439/mo in rent and, after a $1,028/mo payment, leaves $30/mo in cash flow. Total monthly income is $1,439/mo, and annual cash flow is $354/yr on $69,615 invested. Return on cash invested sits at 20.42% in year one, and rental yield is 8.22% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 106.26% and total cumulative return in cash sums $73,972. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,439/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
4,356 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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