2301-2303 ILLINOIS AVENUEStevens PtWI54481
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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 Pt at 2301-2303 ILLINOIS AVENUE, Stevens Pt, WI, 54481 offers a 6.08% rental yield on a $249,900 purchase with $1,267/mo rent. 97% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 71.73% and total cumulative return in cash at $59,426. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1982
7,900 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: THE LEGACY GROUP • THE LEGACY GROUP
Mls Name: WIREX MLS
Mls ID: #22600086