2600 Monroe STREETTwo RiversWI54241
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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 Two Rivers at 2600 Monroe STREET, Two Rivers, WI, 54241 generates $2,426/mo in rent and, after a $1,258/mo payment, leaves $701/mo in cash flow. Total monthly income is $2,426/mo, and annual cash flow is $8,413/yr on $85,196 invested. Return on cash invested sits at 29.78% in year one, and rental yield is 11.33% on a $257,000 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation builds toward $71,004 over five years. Five-year ROI reaches 156.54% and total cumulative return in cash sums $133,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,426/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54241, Two Rivers, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,104 (100%) |
| Owner Occupied HU | 4,808 (67.7%) |
| Renter Occupied HU | 1,634 (23.0%) |
| Vacant Housing Units | 662 ( 9.3%) |
| Median Home Value | $206,797 |
| Average Home Value | $248,037 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,304
Multi-Family
485
Businesses
387
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Listed by: Chad Hoerth • Coldwell Banker Real Estate Group Manitowoc
Mls Name: WIREX MLS
Mls ID: #1928189