2410 Cherrywood Ln UNIT 46Sister BayWI54234
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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 Sister Bay at 2410 Cherrywood Ln UNIT 46, Sister Bay, WI, 54234 generates $0/mo in rent, after a $1,860/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.39% in year one, and rental yield is 0% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Condo
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54234, Sister Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,333 (100%) |
| Owner Occupied HU | 788 (33.8%) |
| Renter Occupied HU | 296 (12.7%) |
| Vacant Housing Units | 1,249 (53.5%) |
| Median Home Value | $443,846 |
| Average Home Value | $575,717 |
Housing Distribution
Address Breakdown
Residential
1,213
Single Family
1,079
Multi-Family
134
Businesses
195
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Roxanne (Roxie) Mielke • Berkshire Hathaway HS Bay Area Realty
Mls Name: Door County MLS
Mls ID: #144279