740 State Highway 42Ellison BayWI54210
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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 Ellison Bay at 740 State Highway 42, Ellison Bay, WI, 54210 listed at $299,500 pairs $2,090/mo rent with a $1,466/mo payment to leave $80/mo cash flow. Total monthly income runs $2,090/mo, and annual cash flow reaches $959/yr on $99,284 cash to close. Return on cash invested measures 20.87% in year one, and rental yield registers 8.37% at a $299,500 basis. Equity gained on principal adds $1,933/yr, and annual property appreciation at 5% supports $82,746 by year five. Five-year ROI tracks 108.69% and total cumulative return in cash totals $107,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,090/mo property income relative to a $1,466/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54210, Ellison Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,400 (100%) |
| Owner Occupied HU | 514 (36.7%) |
| Renter Occupied HU | 65 ( 4.6%) |
| Vacant Housing Units | 821 (58.6%) |
| Median Home Value | $496,396 |
| Average Home Value | $667,704 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
41
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Listed by: Brian Tourmo • True North Real Estate LLC
Mls Name: Door County MLS
Mls Provider:
Mls ID: #144070
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.