3316 OLYMPIA AVENUEStevens PointWI54481
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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 Stevens Point at 3316 OLYMPIA AVENUE, Stevens Point, WI, 54481 priced at $394,900 converts $3,047/mo rent into $397/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,047/mo, and annual cash flow totals $4,759/yr on $130,909 invested. Return on cash invested prints 23.54% in year one, and rental yield reads 9.26% against a $394,900 entry. Equity gained on principal adds $2,548/yr, while 5% annual appreciation compiles into $109,104 by year five. Five-year ROI reaches 123.03% and total cumulative return in cash sums $161,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,047/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54481, Stevens Point, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,925 (100%) |
| Owner Occupied HU | 6,670 (51.6%) |
| Renter Occupied HU | 5,553 (43.0%) |
| Vacant Housing Units | 702 ( 5.4%) |
| Median Home Value | $250,983 |
| Average Home Value | $288,064 |
Housing Distribution
Address Breakdown
Residential
12,283
Single Family
10,912
Multi-Family
1,371
Businesses
1,160
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Listed by: Dawn Brandt • KPR BROKERS, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22404832
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.