229 S Lansing AveSturgeon 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
Investment property for sale in Sturgeon Bay at 229 S Lansing Ave, Sturgeon Bay, WI, 54235 with 5% annual appreciation on a $495,000 basis while $2,930/mo rent supports operations. 04% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 7.1%. Five-year ROI measures 88.15% and total cumulative return in cash totals $144,646. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,930/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
9,147 sqft 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: Dina Boettcher • Smart Moves Real Estate LLC
Mls Name: Door County MLS
Mls ID: #144509