7128B Ida Red Rd #1905Egg 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 7128B Ida Red Rd #1905, Egg Harbor, WI, 54209 offers a 3.22% rental yield on a $715,000 purchase with $1,920/mo rent. 37% in year one. Equity gained on principal adds $4,614/yr while 5% annual appreciation supports $197,541 over five years. Portfolio math shows five-year ROI at 25.57% and total cumulative return in cash at $60,153. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $3,500/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
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: Michael Thomas • CB Real Estate Group Egg Harbor
Mls Name: Door County MLS
Mls ID: #144484