542 Tacoma Beach Rd APT 24Sturgeon 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
Investment property for sale in Sturgeon Bay at 542 Tacoma Beach Rd APT 24, Sturgeon Bay, WI, 54235 uses $116,688 cash to close to unlock $1,770/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $2,740/mo, and a $1,723/mo payment keeps the spread at $148/mo. Purchase price stands at $352,000, and rental yield measures 9.34% with $2,740/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $97,251 over five years. Five-year ROI reaches 112.53% and total cumulative return in cash records $131,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,740/mo property income covering a $1,723/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$690 quarterly 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: Markus Tassoul • Action Realty
Mls Name: Door County MLS
Mls Provider:
Mls ID: #144550
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.