370 Nelson CtWashington 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 370 Nelson Ct, Washington Island, WI, 54246 at $780,000 posts ROI -0.2% with from $902/mo rent. Total monthly income equals $902/mo. Return on cash invested measures -0.2% and rental yield reads 1.39% at the current $780,000. Equity gained on principal adds $5,033/yr, and 5% annual appreciation supports $215,500 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1988
6.66 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: Jason Gordon • Gordons North Star Realty, LLC
Mls Name: Door County MLS
Mls ID: #144648