6950 Cobblestone Rd UNIT 1102Egg 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
Rental property for sale in Egg Harbor at 6950 Cobblestone Rd UNIT 1102, Egg Harbor, WI, 54209 generates $1,920/mo in rent, after a $2,687/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 8.34% in year one, and rental yield is 4.2% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 41.45% and total cumulative return in cash sums $74,876. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No 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: Sara Glenn • True North Real Estate LLC
Mls Name: Door County MLS
Mls ID: #144498