918 Merritt 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
Investment property for sale in Oshkosh at 918 Merritt Ave, Oshkosh, WI, 54901 offers a 10.6% rental yield on a $165,000 purchase with $1,457/mo rent. Total monthly income registers $1,457/mo, and a $808/mo payment leaves $349/mo available for distribution. Annual cash flow reaches $4,191/yr on $54,698 to close, and return on cash invested stands at 27.57% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 144.69% and total cumulative return in cash at $79,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,457/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1878
6,534 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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