3901 Garretts LnFlorenceWI54121
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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 Florence at 3901 Garretts Ln, Florence, WI, 54121 listed at $259,900 pairs $2,218/mo rent with a $1,272/mo payment to leave $474/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $5,686/yr on $86,157 cash to close. Return on cash invested measures 26.51% in year one, and rental yield registers 10.24% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 138.92% and total cumulative return in cash totals $119,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54121, Florence, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,114 (100%) |
| Owner Occupied HU | 1,265 (40.6%) |
| Renter Occupied HU | 219 ( 7.0%) |
| Vacant Housing Units | 1,630 (52.3%) |
| Median Home Value | $209,012 |
| Average Home Value | $252,850 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,429
Multi-Family
45
Businesses
129
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Listed by: KIMBERLY WEBB • LEEDS REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50179496
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