2609 Main AveSheboyganWI53083
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2609 Main Ave, Sheboygan, WI, 53083 in Sheboygan speaks for itself: 10.46% gross on a $304,900 price, generating $2,658/mo in rent and $612/mo in net income after the $1,371/mo debt service. DSCR 1.94, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,341 stacks alongside $84,238 in projected five-year appreciation and $2,808/yr in principal reduction. Projected total cumulative return: $155,717.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.8% |
| Monthly Cash Flow | $612 | $450 |
City averages based on Sheboygan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,658 |
| Total Monthly Debt Service | $1,925 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1948
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53083, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 6,589 (69.6%) |
| Renter Occupied HU | 2,474 (26.1%) |
| Vacant Housing Units | 404 ( 4.3%) |
| Median Home Value | $276,498 |
| Average Home Value | $331,912 |
Housing Distribution
Address Breakdown
Residential
9,373
Single Family
8,567
Multi-Family
806
Businesses
353
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
Single Family
Built in 1948
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53083, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 6,589 (69.6%) |
| Renter Occupied HU | 2,474 (26.1%) |
| Vacant Housing Units | 404 ( 4.3%) |
| Median Home Value | $276,498 |
| Average Home Value | $331,912 |
Housing Distribution
Address Breakdown
Residential
9,373
Single Family
8,567
Multi-Family
806
Businesses
353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices