400 FREDERICK STREET NORTHStevens PtWI54481
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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 Pt at 400 FREDERICK STREET NORTH, Stevens Pt, WI, 54481 priced at $145,000 pairs $1,256/mo rent with $283/mo cash flow after a $710/mo payment. Total monthly income equals $1,256/mo, and annual cash flow comes to $3,391/yr on $48,068 invested. Return on cash invested is 26.96% in year one, and rental yield stands at 10.39% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 141.39% and total cumulative return in cash reaches $67,964. For financing, Ziffy Mortgage’s DSCR program evaluates $1,256/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
4,356 sqft 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: STEPHANIE LAROSE • HOMEPOINT REAL ESTATE LLC
Mls Name: WIREX MLS
Mls ID: #22504538