420 N Park Rd #424AlgomaWI54201
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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 Algoma at 420 N Park Rd #424, Algoma, WI, 54201 earns $569/mo cash flow from $3,454/mo rent with a $2,104/mo payment. Total monthly income totals $3,454/mo, and annual cash flow totals $6,828/yr on $142,512 capital. ROI tracks 24.7% on current figures, and rental yield reads 9.64% at a $429,900 purchase. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 over five years. Five-year ROI reaches 129.26% and total cumulative return in cash sums $184,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,454/mo property income instead of your personal income.
Multi Family
Built in 2001
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54201, Algoma, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,771 (65.9%) |
| Renter Occupied HU | 525 (19.5%) |
| Vacant Housing Units | 393 (14.6%) |
| Median Home Value | $198,164 |
| Average Home Value | $241,745 |
Housing Distribution
Address Breakdown
Residential
2,489
Single Family
2,392
Multi-Family
97
Businesses
171
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Listed by: Lori Krohn • CB Real Estate Group Egg Harbor
Mls Name: Door County MLS
Mls Provider:
Mls ID: #143841
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.