Investment Snapshot

This renovated 4-bed, 2-bath single-family in Sheboygan’s Kiwanis Park neighborhood is a clean, turnkey rental play in a submarket where values and demand are both trending up. Built in 1910 on a compact 2,178 sq ft lot and recently updated (flooring, carpet, paint, appliances, some windows), it sits within walking distance of parks, coffee, trails, and has easy access to Lake Michigan and downtown. With a current long-term lease in place, it functions as a stabilized asset rather than a project that needs heavy lifting on day one.

Value & Upside

Ontario Avenue puts you in a pocket of Sheboygan where surrounding sales and online valuations suggest meaningful appreciation since the 2023 purchase. The recent renovations de-risk near-term capex, while the 4-bed layout, walkable location, and off-street parking give you room to push long-run returns through disciplined rent growth and tighter expense control. For a relatively low basis, this is the kind of small residential that can quietly compound inside a broader Midwest cash-flow portfolio.