1050 Alabama PlSturgeon BayWI54235
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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 Sturgeon Bay at 1050 Alabama Pl, Sturgeon Bay, WI, 54235 priced at $306,900 pairs $3,000/mo rent with $940/mo cash flow after a $1,502/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $11,286/yr on $101,737 invested. Return on cash invested is 31% in year one, and rental yield stands at 11.73% on a $306,900 basis. Equity gained on principal adds $1,980/yr, and 5% annual appreciation accumulates to $84,791 by year five. Five-year ROI measures 163.04% and total cumulative return in cash reaches $165,870. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,502/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54235, Sturgeon Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,324 (100%) |
| Owner Occupied HU | 6,684 (54.2%) |
| Renter Occupied HU | 2,272 (18.4%) |
| Vacant Housing Units | 3,368 (27.3%) |
| Median Home Value | $352,204 |
| Average Home Value | $446,114 |
Housing Distribution
Address Breakdown
Residential
9,799
Single Family
9,137
Multi-Family
662
Businesses
857
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Listed by: Scott Bader • CB Real Estate Group Fish Creek
Mls Name: Door County MLS
Mls Provider:
Mls ID: #141458
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.