1153 E North Lake StHancockWI54943
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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 Hancock at 1153 E North Lake St, Hancock, WI, 54943 priced at $650,000 pairs $2,380/mo rent with after a $3,181/mo payment. Total monthly income equals $2,380/mo. Return on cash invested is 8.94% in year one, and rental yield stands at 4.39% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 44.69% and total cumulative return in cash reaches $95,570. For financing, Ziffy Mortgage’s DSCR program evaluates $2,380/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54943, Hancock, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,396 (100%) |
| Owner Occupied HU | 729 (52.2%) |
| Renter Occupied HU | 110 ( 7.9%) |
| Vacant Housing Units | 557 (39.9%) |
| Median Home Value | $256,818 |
| Average Home Value | $303,512 |
Housing Distribution
Address Breakdown
Residential
1,065
Single Family
1,053
Multi-Family
12
Businesses
30
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