597 Morris AveGreen BayWI54304
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.64% gross rental yield, 597 Morris Ave, Green Bay, WI, 54304 in Green Bay is priced for capital growth, not immediate cash flow. The $339,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $93,908 by year five, with $3,131/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.05) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $85,694.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 7.8% |
| Monthly Cash Flow | $(684) | $450 |
City averages based on Green Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,597 |
| Total Monthly Debt Service | $2,146 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54304, Green Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,034 (100%) |
| Owner Occupied HU | 7,869 (56.1%) |
| Renter Occupied HU | 5,346 (38.1%) |
| Vacant Housing Units | 819 ( 5.8%) |
| Median Home Value | $247,810 |
| Average Home Value | $296,115 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
10,241
Multi-Family
2,925
Businesses
1,326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54304, Green Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,034 (100%) |
| Owner Occupied HU | 7,869 (56.1%) |
| Renter Occupied HU | 5,346 (38.1%) |
| Vacant Housing Units | 819 ( 5.8%) |
| Median Home Value | $247,810 |
| Average Home Value | $296,115 |
Housing Distribution
Address Breakdown
Residential
13,166
Single Family
10,241
Multi-Family
2,925
Businesses
1,326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Pickett • Bpickhomes LLC
Mls Name: RANW
Mls ID: #50301651
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.