2428 Pine Bluff Ct APT 802Baileys HarborWI54202
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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 Baileys Harbor at 2428 Pine Bluff Ct APT 802, Baileys Harbor, WI, 54202 offers a 9.94% rental yield on a $564,000 purchase with $4,672/mo rent. Total monthly income registers $4,672/mo, and a $2,761/mo payment leaves $540/mo available for distribution. Annual cash flow reaches $6,485/yr on $185,556 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $3,639/yr while 5% annual appreciation supports $155,823 over five years. Portfolio math shows five-year ROI at 123.88% and total cumulative return in cash at $229,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,672/mo property income against a $2,761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$347 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54202, Baileys Harbor, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,683 (100%) |
| Owner Occupied HU | 656 (39.0%) |
| Renter Occupied HU | 118 ( 7.0%) |
| Vacant Housing Units | 909 (54.0%) |
| Median Home Value | $471,277 |
| Average Home Value | $574,527 |
Housing Distribution
Address Breakdown
Residential
844
Single Family
844
Multi-Family
0
Businesses
70
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Listed by: Scott Bader • CB Real Estate Group Fish Creek
Mls Name: Door County MLS
Mls Provider:
Mls ID: #143961
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.