301 Summit StreetPortageWI53901
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
Investment Highlights
Investment property for sale in Portage at 301 Summit Street, Portage, WI, 53901 offers a 8.08% rental yield on a $349,000 purchase with $2,351/mo rent. Total monthly income registers $2,351/mo, and a $1,708/mo payment leaves $9/mo available for distribution. Annual cash flow reaches $108/yr on $115,694 to close, and return on cash invested stands at 20% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 104.01% and total cumulative return in cash at $120,336. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,351/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53901, Portage, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,826 (100%) |
| Owner Occupied HU | 3,987 (58.4%) |
| Renter Occupied HU | 2,128 (31.2%) |
| Vacant Housing Units | 711 (10.4%) |
| Median Home Value | $250,655 |
| Average Home Value | $313,655 |
Housing Distribution
Address Breakdown
Residential
6,409
Single Family
5,428
Multi-Family
981
Businesses
681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dixon Scheibach Team • First Weber Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1997905
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.