N1483 SHORE DRIVEMarinetteWI54143
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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 Marinette at N1483 SHORE DRIVE, Marinette, WI, 54143 generates $1,895/mo in rent and, after a $978/mo payment, leaves $554/mo in cash flow. Total monthly income is $1,895/mo, and annual cash flow is $6,646/yr on $66,267 invested. Return on cash invested sits at 29.94% in year one, and rental yield is 11.38% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 157.31% and total cumulative return in cash sums $104,245. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,895/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54143, Marinette, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,505 (100%) |
| Owner Occupied HU | 4,837 (64.5%) |
| Renter Occupied HU | 1,928 (25.7%) |
| Vacant Housing Units | 740 ( 9.9%) |
| Median Home Value | $154,885 |
| Average Home Value | $196,546 |
Housing Distribution
Address Breakdown
Residential
7,131
Single Family
6,485
Multi-Family
646
Businesses
677
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