421 Manitowoc STREETReedsvilleWI54230
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
Rental property for sale in Reedsville at 421 Manitowoc STREET, Reedsville, WI, 54230 offers $1,752/mo rent that, after a $1,566/mo payment. Total monthly income is $1,752/mo. Return on cash invested measures 15.44% in year one, and rental yield stands at 6.57% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 79.53% and total cumulative return in cash reaches $84,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,752/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54230, Reedsville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,874 (100%) |
| Owner Occupied HU | 1,571 (83.8%) |
| Renter Occupied HU | 224 (12.0%) |
| Vacant Housing Units | 79 ( 4.2%) |
| Median Home Value | $289,923 |
| Average Home Value | $347,938 |
Housing Distribution
Address Breakdown
Residential
1,815
Single Family
1,756
Multi-Family
59
Businesses
54
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Listed by: Peter Dorner • Coldwell Banker Real Estate Group Manitowoc
Mls Name: WIREX MLS
Mls ID: #1947175