7657 Elm Point RdBaileys HarborWI54202
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
Investment property for sale in Baileys Harbor at 7657 Elm Point Rd, Baileys Harbor, WI, 54202 listed at $1,300,000 pairs $2,400/mo rent with a $6,363/mo payment. Total monthly income runs $2,400/mo. Return on cash invested measures 2.35% in year one, and rental yield registers 2.22% at a $1,300,000 basis. Equity gained on principal adds $8,389/yr, and annual property appreciation at 5% supports $359,166 by year five. Five-year ROI tracks 9.29% and total cumulative return in cash totals $39,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $6,363/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54202, Baileys Harbor, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,683 (100%) |
| Owner Occupied HU | 656 (39.0%) |
| Renter Occupied HU | 118 ( 7.0%) |
| Vacant Housing Units | 909 (54.0%) |
| Median Home Value | $471,277 |
| Average Home Value | $574,527 |
Housing Distribution
Address Breakdown
Residential
844
Single Family
844
Multi-Family
0
Businesses
70
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Nearby investment properties with comparable prices
Listed by: Jacinda Duffin • True North Real Estate LLC
Mls Name: Door County MLS
Mls ID: #144352