509 1ST STREETStevens 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 509 1ST STREET, Stevens Point, WI, 54481 uses $72,897 cash to close to unlock $1,446/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $1,596/mo, and a $1,076/mo payment keeps the spread at $121/mo. Purchase price stands at $219,900, and rental yield measures 8.71% with $1,596/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 114.2% and total cumulative return in cash records $83,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,596/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1910
6,098 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: DAWN BRANDT • KPR BROKERS, LLC
Mls Name: WIREX MLS
Mls ID: #22503516