215 West Burns StreetPortageWI53901
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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 Portage at 215 West Burns Street, Portage, WI, 53901 generates $1,575/mo in rent and, after a $1,101/mo payment, leaves $65/mo in cash flow. Total monthly income is $1,575/mo, and annual cash flow is $783/yr on $74,588 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 8.4% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 109.19% and total cumulative return in cash sums $81,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,575/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53901, Portage, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,826 (100%) |
| Owner Occupied HU | 3,987 (58.4%) |
| Renter Occupied HU | 2,128 (31.2%) |
| Vacant Housing Units | 711 (10.4%) |
| Median Home Value | $250,655 |
| Average Home Value | $313,655 |
Housing Distribution
Address Breakdown
Residential
6,409
Single Family
5,428
Multi-Family
981
Businesses
681
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