414 West Edgewater StreetPortageWI53901
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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 Portage at 414 West Edgewater Street, Portage, WI, 53901 uses $95,804 cash to close to unlock $5,400/yr annual cash flow and $450/mo monthly cash flow. Total monthly income runs $2,390/mo, and a $1,415/mo payment keeps the spread at $450/mo. Purchase price stands at $289,000, and rental yield measures 9.92% with $2,390/mo rent. Return on cash invested shows 25.55% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 133.75% and total cumulative return in cash records $128,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,390/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53901, Portage, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,826 (100%) |
| Owner Occupied HU | 3,987 (58.4%) |
| Renter Occupied HU | 2,128 (31.2%) |
| Vacant Housing Units | 711 (10.4%) |
| Median Home Value | $250,655 |
| Average Home Value | $313,655 |
Housing Distribution
Address Breakdown
Residential
6,409
Single Family
5,428
Multi-Family
981
Businesses
681
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