4918 North Parke Ridge LANESheboyganWI53083
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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 Sheboygan at 4918 North Parke Ridge LANE, Sheboygan, WI, 53083 earns $26/mo cash flow from $2,039/mo rent with a $1,468/mo payment. Total monthly income totals $2,039/mo, and annual cash flow totals $314/yr on $99,417 capital. ROI tracks 20.22% on current figures, and rental yield reads 8.16% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 105.26% and total cumulative return in cash sums $104,644. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,039/mo property income instead of your personal income.
Single Family
Built in 1971
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53083, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,467 (100%) |
| Owner Occupied HU | 6,589 (69.6%) |
| Renter Occupied HU | 2,474 (26.1%) |
| Vacant Housing Units | 404 ( 4.3%) |
| Median Home Value | $276,498 |
| Average Home Value | $331,912 |
Housing Distribution
Address Breakdown
Residential
9,373
Single Family
8,567
Multi-Family
806
Businesses
353
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