217 FIRST STREETStevens PointWI54481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stevens Point at 217 FIRST STREET, Stevens Point, WI, 54481 offers $1,487/mo rent that, after a $734/mo payment, leaves $481/mo cash flow. Total monthly income is $1,487/mo, and annual cash flow is $5,766/yr on $49,725 cash. Return on cash invested measures 31.5% in year one, and rental yield stands at 11.9% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 165.76% and total cumulative return in cash reaches $82,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,487/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54481, Stevens Point, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,925 (100%) |
| Owner Occupied HU | 6,670 (51.6%) |
| Renter Occupied HU | 5,553 (43.0%) |
| Vacant Housing Units | 702 ( 5.4%) |
| Median Home Value | $250,983 |
| Average Home Value | $288,064 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
10,912
Multi-Family
1,371
Businesses
1,160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joleta Wesbrock • COLDWELL BANKER ACTION
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22500946
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.