Midwest4.1% avg cap rateLive · 41 active listings

Door County, WI

Wisconsin's Cape Cod - cherry orchards and Lake Michigan escapes

Door County is a 70-mile peninsula jutting into Lake Michigan with 300 miles of shoreline, 5 state parks, and a cherry/apple orchard culture that draws visitors from Chicago, Milwaukee, and Minneapolis. Often called the "Cape Cod of the Midwest," it attracts an arts-and-outdoors demographic that generates strong repeat visitation and above-average length of stay.

4.1%
Avg Cap Rate
Net operating income / price
62%
Avg Occupancy
Annual average
$231
Avg Nightly Rate
All property types
$946K
Avg List Price
STR-viable properties

41 active listings in Door County are analyzed and ranked right now

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Estimated Annual Performance

Gross rental revenue
62% occ × $231/night
$52,275
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $20,910
Est. net operating income
Before mortgage & depreciation
$31,365
At $946K avg price
Implied cap rate
3.3%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Door County

300 miles of Lake Michigan and Green Bay shoreline
Strong repeat-visitor loyalty - among highest return rates in Midwest
Cherry blossom season (May) and fall color (Oct) drive shoulder demand
Fish boils and folk art culture create unique local identity
Peak season: June - Sept (peaks: July-Aug)
Top property types: Cottage, Single Family, Waterfront Home, Cabin
Primary zip: 54235, 54212, 54210, 54209

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 41 active listings · last updated Jul 1, 2026

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