3001 North MORRISON STREETAppletonWI54911
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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 Appleton at 3001 North MORRISON STREET, Appleton, WI, 54911 uses $99,417 cash to close to unlock $2,654/yr annual cash flow and $221/mo monthly cash flow. Total monthly income runs $2,234/mo, and a $1,468/mo payment keeps the spread at $221/mo. Purchase price stands at $299,900, and rental yield measures 8.94% with $2,234/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 117.88% and total cumulative return in cash records $117,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,234/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54911, Appleton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,103 (100%) |
| Owner Occupied HU | 6,756 (55.8%) |
| Renter Occupied HU | 4,605 (38.0%) |
| Vacant Housing Units | 742 ( 6.1%) |
| Median Home Value | $247,679 |
| Average Home Value | $308,417 |
Housing Distribution
Address Breakdown
Residential
11,589
Single Family
9,437
Multi-Family
2,152
Businesses
995
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Listed by: Ashley Fuller • Century 21 Ace Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50306183
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.