7580 Meadow Ridge Rd UNIT A-2Egg HarborWI54209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7580 Meadow Ridge Rd UNIT A-2, Egg Harbor, WI, 54209 generates $1,920/mo in rent, after a $2,349/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 10.1% in year one, and rental yield is 4.8% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 50.93% and total cumulative return in cash sums $81,021. 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 2000
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gretchen Porten • ERA Starr Realty
Mls Name: Door County MLS
Mls ID: #143886