1616 HOWARD AVENUEStevens PointWI54481
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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 Stevens Point at 1616 HOWARD AVENUE, Stevens Point, WI, 54481 uses $66,267 cash to close to unlock $4,726/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $1,735/mo, and a $978/mo payment keeps the spread at $394/mo. Purchase price stands at $199,900, and rental yield measures 10.42% with $1,735/mo rent. Return on cash invested shows 27.04% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 141.79% and total cumulative return in cash records $93,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54481, Stevens Point, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,925 (100%) |
| Owner Occupied HU | 6,670 (51.6%) |
| Renter Occupied HU | 5,553 (43.0%) |
| Vacant Housing Units | 702 ( 5.4%) |
| Median Home Value | $250,983 |
| Average Home Value | $288,064 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
10,912
Multi-Family
1,371
Businesses
1,160
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Listed by: MANCHESKI & ASSOCIATES, INC. • FIRST WEBER
Mls Name: WIREX MLS
Mls ID: #22600271