364 State 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 364 State St, Marinette, WI, 54143 priced at $369,500 converts $2,124/mo rent into after a $1,809/mo obligation. Total monthly income equals $2,124/mo. Return on cash invested prints 16.42% in year one, and rental yield reads 6.9% against a $369,500 entry. Equity gained on principal adds $2,384/yr, while 5% annual appreciation compiles into $102,086 by year five. Five-year ROI reaches 84.8% and total cumulative return in cash sums $103,876. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,124/mo property income covering a $1,809/mo payment, not borrower’s personal income.
Single Family
Built in 1939
0.44 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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