635 E Melvin AveOshkoshWI54901
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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 Oshkosh at 635 E Melvin Ave, Oshkosh, WI, 54901 priced at $188,500 converts $1,645/mo rent into $380/mo cash flow after a $923/mo obligation. Total monthly income equals $1,645/mo, and annual cash flow totals $4,555/yr on $62,488 invested. Return on cash invested prints 27.2% in year one, and rental yield reads 10.47% against a $188,500 entry. Equity gained on principal adds $1,216/yr, while 5% annual appreciation compiles into $52,079 by year five. Five-year ROI reaches 142.66% and total cumulative return in cash sums $89,145. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,645/mo property income covering a $923/mo payment, not borrower’s personal income.
Single Family
Built in 1971
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54901, Oshkosh, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,544 (100%) |
| Owner Occupied HU | 7,127 (45.9%) |
| Renter Occupied HU | 7,240 (46.6%) |
| Vacant Housing Units | 1,177 ( 7.6%) |
| Median Home Value | $200,624 |
| Average Home Value | $275,016 |
Housing Distribution
Address Breakdown
Residential
14,738
Single Family
11,562
Multi-Family
3,176
Businesses
800
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Listed by: Nicole Mulder • Nima Realty Group
Mls Name: RANW
Mls ID: #50315841
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-21 03:27:37 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#256)