400 3rd StKewauneeWI54216
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 400 3rd St, Kewaunee, WI, 54216 in Kewaunee. Rental yield 5.76%. At $175,000 with 5.76% gross yield, current distributions are modest, but the 5% appreciation rate projects $48,349 in new equity by year five, complemented by $1,612/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.07) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $45,273.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.2% |
| Monthly Cash Flow | $(334) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $1,105 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54216, Kewaunee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 2,111 (75.0%) |
| Renter Occupied HU | 421 (15.0%) |
| Vacant Housing Units | 281 ( 10.0%) |
| Median Home Value | $224,637 |
| Average Home Value | $267,328 |
Housing Distribution
Address Breakdown
Residential
2,641
Single Family
2,500
Multi-Family
141
Businesses
160
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
Single Family
Built in 1959
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54216, Kewaunee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 2,111 (75.0%) |
| Renter Occupied HU | 421 (15.0%) |
| Vacant Housing Units | 281 ( 10.0%) |
| Median Home Value | $224,637 |
| Average Home Value | $267,328 |
Housing Distribution
Address Breakdown
Residential
2,641
Single Family
2,500
Multi-Family
141
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greta Meleen • ERA Starr Realty
Mls Name: Door County MLS
Mls Provider:
Mls ID: #143814
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.