711 North 10th STREETManitowocWI54220
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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 711 North 10th STREET, Manitowoc, WI, 54220 uses $145,827 cash to close to unlock $3,550/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $3,248/mo, and a $2,153/mo payment keeps the spread at $296/mo. Purchase price stands at $439,900, and rental yield measures 8.86% with $3,248/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash records $169,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,248/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.41 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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