3637 North 20th PLACE UNIT 37SheboyganWI53083
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 3637 North 20th PLACE UNIT 37, Sheboygan, WI, 53083 in Sheboygan achieves 1.75, rent of $1,085/mo covers the $620/mo payment 1.5x over at $137,900. Rental yield 9.44%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $38,099 over five years, with $1,270/yr in principal reduction bringing total projected return to $52,399.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.8% |
| Monthly Cash Flow | $(15) | $450 |
City averages based on Sheboygan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,085 |
| Total Monthly Debt Service | $1,046 |
| DSCR Ratio | 1.04x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53083, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 6,589 (69.6%) |
| Renter Occupied HU | 2,474 (26.1%) |
| Vacant Housing Units | 404 ( 4.3%) |
| Median Home Value | $276,498 |
| Average Home Value | $331,912 |
Housing Distribution
Address Breakdown
Residential
9,373
Single Family
8,567
Multi-Family
806
Businesses
353
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
Condo
Built in 1985
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53083, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 6,589 (69.6%) |
| Renter Occupied HU | 2,474 (26.1%) |
| Vacant Housing Units | 404 ( 4.3%) |
| Median Home Value | $276,498 |
| Average Home Value | $331,912 |
Housing Distribution
Address Breakdown
Residential
9,373
Single Family
8,567
Multi-Family
806
Businesses
353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Turicik • EXP Realty, LLC MKE
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1900063
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.