780 S Pier Dr UNIT 203SheboyganWI53081
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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 Sheboygan at 780 S Pier Dr UNIT 203, Sheboygan, WI, 53081 generates $2,375/mo in rent and, after a $1,508/mo payment, leaves $22/mo in cash flow. Total monthly income is $2,375/mo, and annual cash flow is $270/yr on $102,102 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 9.25% on a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 106.17% and total cumulative return in cash sums $108,400. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$285 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53081, Sheboygan, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,460 (100%) |
| Owner Occupied HU | 11,073 (54.1%) |
| Renter Occupied HU | 7,927 (38.7%) |
| Vacant Housing Units | 1,460 ( 7.1%) |
| Median Home Value | $206,484 |
| Average Home Value | $248,810 |
Housing Distribution
Address Breakdown
Residential
19,516
Single Family
16,934
Multi-Family
2,582
Businesses
1,452
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