217 FOURTH AVENUEStevens PointWI54481
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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 Stevens Point at 217 FOURTH AVENUE, Stevens Point, WI, 54481 with 5% annual appreciation on a $249,900 basis while $1,781/mo rent supports operations. Total monthly income totals $1,781/mo and a $1,223/mo payment preserves $104/mo for cash returns. Annual cash flow comes to $1,248/yr on $82,842 deployed, and return on cash invested reaches 21.42% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.55%. Five-year ROI measures 111.67% and total cumulative return in cash totals $92,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,781/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
6,098 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
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Listed by: CADE COVI • KELLER WILLIAMS STEVENS POINT
Mls Name: WIREX MLS
Mls ID: #22504703