2940 Memorial DRIVE, Two Rivers, WI, 54241 | $95/mo Cash Flow

Recently Sold

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
7616 sft

1115 S 15th St, Manitowoc, WI, 54220

2 Bed
2 Bath
988 sft

2302 South 12th STREET, Manitowoc, WI, 54220

Airbnb Potential+ 1 more

2 Bed
2 Bath
1125 sft

1814 Emmet STREET, Two Rivers, WI, 54241

3 Bed
1 Bath
1040 sft

2717 42nd STREET, Two Rivers, WI, 54241

Nearby investment properties with comparable prices

3 Bed
1 Bath
1081 sft

N0698 County Road Ab, Denmark, WI, 54208

4 Bed
2 Bath
1772 sft

1922 Madson ROAD, Manitowoc, WI, 54220

3 Bed
2 Bath
1684 sft

1409 South 26th STREET, Manitowoc, WI, 54220

3 Bed
1 Bath
1517 sft

934 N 11th St, Manitowoc, WI, 54220

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Two Rivers at 2940 Memorial DRIVE, Two Rivers, WI, 54241 uses $82,842 cash to close to unlock $1,140/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,772/mo, and a $1,223/mo payment keeps the spread at $95/mo. Purchase price stands at $249,900, and rental yield measures 8.51% with $1,772/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 110.96% and total cumulative return in cash records $91,922. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,772/mo property income covering a $1,223/mo payment rather than investor’s personal income.

Single Family

Built in 1941

0.60 Acres 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