1636 Wilcox 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 1636 Wilcox Rd, Washington Island, WI, 54246 offers a 2.58% rental yield on a $419,000 purchase with $902/mo rent. 41% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 15.03% and total cumulative return in cash at $20,873. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $902/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5.05 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: #143901