2111 Jordan DrMarinetteWI54143
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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 Marinette at 2111 Jordan Dr, Marinette, WI, 54143 priced at $499,500 converts $1,860/mo rent into after a $2,445/mo obligation. Total monthly income equals $1,860/mo. Return on cash invested prints 9.09% in year one, and rental yield reads 4.47% against a $499,500 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation compiles into $138,003 by year five. Five-year ROI reaches 45.52% and total cumulative return in cash sums $75,379. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $2,445/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54143, Marinette, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,505 (100%) |
| Owner Occupied HU | 4,837 (64.5%) |
| Renter Occupied HU | 1,928 (25.7%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $154,885 |
| Average Home Value | $196,546 |
Housing Distribution
Address Breakdown
Residential
7,131
Single Family
6,485
Multi-Family
646
Businesses
677
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Listed by: STEVE HARRIS • HARRIS STATE WIDE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50169599
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.