314 Center AVENUE #3Sheboygan FlsWI53081
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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 Sheboygan Fls at 314 Center AVENUE #3, Sheboygan Fls, WI, 53081 uses $60,963 cash to close to unlock $1,535/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $1,362/mo, and a $900/mo payment keeps the spread at $128/mo. Purchase price stands at $183,900, and rental yield measures 8.89% with $1,362/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $50,808 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $71,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,362/mo property income covering a $900/mo payment rather than investor’s personal income.
Condo
Built in 1958
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53081, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,460 (100%) |
| Owner Occupied HU | 11,073 (54.1%) |
| Renter Occupied HU | 7,927 (38.7%) |
| Vacant Housing Units | 1,460 ( 7.1%) |
| Median Home Value | $206,484 |
| Average Home Value | $248,810 |
Housing Distribution
Address Breakdown
Residential
19,516
Single Family
16,934
Multi-Family
2,582
Businesses
1,452
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Listed by: Teresa Denning • Century 21 Moves
Mls Name: WIREX MLS
Mls ID: #1943952