50 W Larch St #212Sturgeon 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
Total monthly income runs $835/mo, and a $1,023/mo payment. Purchase price stands at $209,000, and rental yield measures 4.79% with $835/mo rent. Return on cash invested shows 10.08% in year one, and 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 50.84% and total cumulative return in cash records $35,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $835/mo property income covering a $1,023/mo payment rather than investor’s personal income.
Condo
Built in 1997
N/A 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: Cathy Paula Team • Welcome Home Realty
Mls Name: Door County MLS
Mls ID: #144072