549 East Slifer StreetPortageWI53901
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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
Rental property for sale in Portage at 549 East Slifer Street, Portage, WI, 53901 priced at $247,000 converts $1,724/mo rent into after a $1,209/mo obligation. Total monthly income equals $1,724/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 8.38% against a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation compiles into $68,242 by year five. Five-year ROI reaches 99.6% and total cumulative return in cash sums $81,556. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,724/mo property income covering a $1,209/mo payment, not borrower’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
$125 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53901, Portage, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,826 (100%) |
| Owner Occupied HU | 3,987 (58.4%) |
| Renter Occupied HU | 2,128 (31.2%) |
| Vacant Housing Units | 711 (10.4%) |
| Median Home Value | $250,655 |
| Average Home Value | $313,655 |
Housing Distribution
Address Breakdown
Residential
6,409
Single Family
5,428
Multi-Family
981
Businesses
681
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Listed by: Cory Otto • EXP Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1986025
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.