209 Cleveland AVENUEManitowocWI54220
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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 Manitowoc at 209 Cleveland AVENUE, Manitowoc, WI, 54220 priced at $103,999 pairs $1,093/mo rent with $395/mo cash flow after a $509/mo payment. Total monthly income equals $1,093/mo, and annual cash flow comes to $4,741/yr on $34,476 invested. Return on cash invested is 33.66% in year one, and rental yield stands at 12.61% on a $103,999 basis. Equity gained on principal adds $671/yr, and 5% annual appreciation accumulates to $28,733 by year five. Five-year ROI measures 177.41% and total cumulative return in cash reaches $61,163. For financing, Ziffy Mortgage’s DSCR program evaluates $1,093/mo property income against a $509/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1935
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54220, Manitowoc, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,428 (100%) |
| Owner Occupied HU | 12,146 (62.5%) |
| Renter Occupied HU | 6,034 (31.1%) |
| Vacant Housing Units | 1,248 ( 6.4%) |
| Median Home Value | $201,041 |
| Average Home Value | $249,459 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
16,603
Multi-Family
1,843
Businesses
1,021
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Listed by: Patrick Komperda • Real Broker LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1911812
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.