6948 Cobblestone Rd UNIT 1204Egg HarborWI54209
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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 Egg Harbor at 6948 Cobblestone Rd UNIT 1204, Egg Harbor, WI, 54209 earns from $2,573/mo rent with a $2,692/mo payment. Total monthly income totals $2,573/mo. ROI tracks 9.48% on current figures, and rental yield reads 5.61% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 48.76% and total cumulative return in cash sums $88,234. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,573/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$1,430 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54209, Egg Harbor, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,976 (100%) |
| Owner Occupied HU | 606 (30.7%) |
| Renter Occupied HU | 91 ( 4.6%) |
| Vacant Housing Units | 1,279 (64.7%) |
| Median Home Value | $507,813 |
| Average Home Value | $573,408 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
102
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Listed by: Todd Langer • NextHome Select Realty
Mls Name: Door County MLS
Mls Provider:
Mls ID: #144397
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.