6564 State Highway 57Baileys HarborWI54202
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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 Baileys Harbor at 6564 State Highway 57, Baileys Harbor, WI, 54202 generates $2,400/mo in rent, after a $6,485/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 2.22% in year one, and rental yield is 2.17% on a $1,325,000 entry. Equity gained on principal adds $8,550/yr, while 5% annual appreciation builds toward $366,073 over five years. Five-year ROI reaches 8.6% and total cumulative return in cash sums $36,916. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54202, Baileys Harbor, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,683 (100%) |
| Owner Occupied HU | 656 (39.0%) |
| Renter Occupied HU | 118 ( 7.0%) |
| Vacant Housing Units | 909 (54.0%) |
| Median Home Value | $471,277 |
| Average Home Value | $574,527 |
Housing Distribution
Address Breakdown
Residential
844
Single Family
844
Multi-Family
0
Businesses
70
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Listed by: Jan Campbell • ERA Starr Realty
Mls Name: Door County MLS
Mls ID: #144225