4942 Morgan DRIVEManitowocWI54220
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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 Manitowoc at 4942 Morgan DRIVE, Manitowoc, WI, 54220 with 5% annual appreciation on a $349,500 basis while $2,684/mo rent supports operations. Total monthly income totals $2,684/mo and a $1,711/mo payment preserves $338/mo for cash returns. Annual cash flow comes to $4,057/yr on $115,859 deployed, and return on cash invested reaches 23.41% in year one. Equity gained on principal adds $2,255/yr, and five-year appreciation sums $96,560 alongside rental yield of 9.22%. Five-year ROI measures 122.34% and total cumulative return in cash totals $141,745.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,684/mo property income versus a $1,711/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54220, Manitowoc, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,428 (100%) |
| Owner Occupied HU | 12,146 (62.5%) |
| Renter Occupied HU | 6,034 (31.1%) |
| Vacant Housing Units | 1,248 ( 6.4%) |
| Median Home Value | $201,041 |
| Average Home Value | $249,459 |
Housing Distribution
Address Breakdown
Residential
18,446
Single Family
16,603
Multi-Family
1,843
Businesses
1,021
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Listed by: August Richter • Keller Williams-Manitowoc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1909563
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.