424 SIXTH AVENUEStevens PointWI54481
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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 Stevens Point at 424 SIXTH AVENUE, Stevens Point, WI, 54481 uses $49,692 cash to close to unlock $2,672/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,229/mo, and a $734/mo payment keeps the spread at $223/mo. Purchase price stands at $149,900, and rental yield measures 9.84% with $1,229/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 132.41% and total cumulative return in cash records $65,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,229/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1934
6,969 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: Robin Novak-Nelson • FIRST WEBER
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22500910
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.