N1951 N 590th StBay CityWI54723
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bay City at N1951 N 590th St, Bay City, WI, 54723 offers a 2.36% rental yield on a $550,000 purchase with $1,080/mo rent. 74% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 11.45% and total cumulative return in cash at $20,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
15.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54723, Bay City, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 568 (100%) |
| Owner Occupied HU | 460 (81.0%) |
| Renter Occupied HU | 76 (13.4%) |
| Vacant Housing Units | 32 ( 5.6%) |
| Median Home Value | $319,512 |
| Average Home Value | $340,804 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Terry K. Mckay, Gri • RE/MAX Synergy
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6581050
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 09:11:26 PDT. 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](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)