3121 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 3121 Monroe STREET, Two Rivers, WI, 54241 generates $2,437/mo in rent and, after a $1,590/mo payment, leaves $257/mo in cash flow. Total monthly income is $2,437/mo, and annual cash flow is $3,081/yr on $107,704 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 9% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 118.87% and total cumulative return in cash sums $128,033. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,437/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.43 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 |
Housing Distribution
Address Breakdown
Residential
6,789
Single Family
6,304
Multi-Family
485
Businesses
387
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Listed by: Mark Gordon • Weichert, Realtors CornerStone
Mls Name: WIREX MLS
Mls ID: #1946245