1205 E Side RdWashington IslandWI54246
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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 Washington Island at 1205 E Side Rd, Washington Island, WI, 54246 listed at $449,000 pairs $902/mo rent with a $2,198/mo payment. Total monthly income runs $902/mo. Return on cash invested measures 2.88% in year one, and rental yield registers 2.41% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 12.25% and total cumulative return in cash totals $18,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $902/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54246, Washington Island, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 336 (37.4%) |
| Renter Occupied HU | 66 ( 7.3%) |
| Vacant Housing Units | 496 (55.2%) |
| Median Home Value | $358,667 |
| Average Home Value | $450,424 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
469
Multi-Family
14
Businesses
58
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Listed by: Amy Jorgenson • Dwell Door County
Mls Name: Door County MLS
Mls ID: #144417