2115 Fred StMarinetteWI54143
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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 Marinette at 2115 Fred St, Marinette, WI, 54143 uses $59,339 cash to close to unlock $2,290/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,392/mo, and a $876/mo payment keeps the spread at $191/mo. Purchase price stands at $179,000, and rental yield measures 9.33% with $1,392/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 124.21% and total cumulative return in cash records $73,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,392/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1895
4,791 sqft 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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