7501 Carstens Lake ROADManitowocWI54220
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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 7501 Carstens Lake ROAD, Manitowoc, WI, 54220 at $495,000 posts ROI 22.69% with $380/mo cash flow from $3,702/mo rent. Total monthly income equals $3,702/mo, and annual cash flow records $4,557/yr on $164,093 to close. Return on cash invested measures 22.69% and rental yield reads 8.97% at the current $495,000. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 by year five. Five-year ROI prints 118.42% and total cumulative return in cash totals $194,314.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,702/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
2.44 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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