1619 24th STREETTwo RiversWI54241
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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 Two Rivers at 1619 24th STREET, Two Rivers, WI, 54241 earns $93/mo cash flow from $1,412/mo rent with a $962/mo payment. Total monthly income totals $1,412/mo, and annual cash flow totals $1,116/yr on $65,140 capital. ROI tracks 21.62% on current figures, and rental yield reads 8.62% at a $196,500 purchase. Equity gained on principal adds $1,268/yr, and 5% annual appreciation supports $54,289 over five years. Five-year ROI reaches 112.8% and total cumulative return in cash sums $73,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,412/mo property income instead of your personal income.
Multi Family
Built in 1915
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54241, Two Rivers, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,104 (100%) |
| Owner Occupied HU | 4,808 (67.7%) |
| Renter Occupied HU | 1,634 (23.0%) |
| Vacant Housing Units | 662 ( 9.3%) |
| Median Home Value | $206,797 |
| Average Home Value | $248,037 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,304
Multi-Family
485
Businesses
387
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Nearby investment properties with comparable prices
Listed by: Peter Dorner • Coldwell Banker Real Estate Group Manitowoc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1926981
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