33 N Ashland 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
Rental property for sale in Sturgeon Bay at 33 N Ashland Ave, Sturgeon Bay, WI, 54235 priced at $424,900 converts $3,000/mo rent into $148/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $1,777/yr on $140,854 invested. Return on cash invested prints 21.17% in year one, and rental yield reads 8.47% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 110.32% and total cumulative return in cash sums $155,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.27 Acres 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: Michael Bultman • Town & Country Real Estate
Mls Name: Door County MLS
Mls ID: #144832