1073 West Hickory StreetLancasterWI53813
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 Lancaster at 1073 West Hickory Street, Lancaster, WI, 53813 offers a 7.93% rental yield on a $172,000 purchase with $1,136/mo rent. 52% in year one. Equity gained on principal adds $1,110/yr while 5% annual appreciation supports $47,520 over five years. Portfolio math shows five-year ROI at 101.51% and total cumulative return in cash at $57,877. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,136/mo property income against a $842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53813, Lancaster, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,642 (100%) |
| Owner Occupied HU | 1,785 (67.6%) |
| Renter Occupied HU | 673 (25.5%) |
| Vacant Housing Units | 184 ( 7.0%) |
| Median Home Value | $226,762 |
| Average Home Value | $280,266 |
Housing Distribution
Address Breakdown
Residential
2,539
Single Family
2,361
Multi-Family
178
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Klaas • Platteville Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1995282
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.