321 E Bay Shore StMarinetteWI54143
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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 Marinette at 321 E Bay Shore St, Marinette, WI, 54143 priced at $215,000 converts $1,518/mo rent into $75/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,518/mo, and annual cash flow totals $905/yr on $71,273 invested. Return on cash invested prints 21.18% in year one, and rental yield reads 8.47% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 110.37% and total cumulative return in cash sums $78,661. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,518/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54143, Marinette, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,505 (100%) |
| Owner Occupied HU | 4,837 (64.5%) |
| Renter Occupied HU | 1,928 (25.7%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $154,885 |
| Average Home Value | $196,546 |
Housing Distribution
Address Breakdown
Residential
7,131
Single Family
6,485
Multi-Family
646
Businesses
677
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