403 WEST RIVER DRIVE #409 West River DriveStevens PtWI54481
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
Investment Highlights
Investment property for sale in Stevens Pt at 403 WEST RIVER DRIVE #409 West River Drive, Stevens Pt, WI, 54481 offers a 6.84% rental yield on a $229,900 purchase with $1,310/mo rent. 25% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 83.91% and total cumulative return in cash at $63,947. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,310/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TEAM KITOWSKI • KPR BROKERS, LLC
Mls Name: WIREX MLS
Mls ID: #22504991