1606 Black Oak DRIVERocklandWI54653
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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
Investment property for sale in Rockland at 1606 Black Oak DRIVE, Rockland, WI, 54653 uses $116,357 cash to close to unlock $7,180/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $2,954/mo, and a $1,718/mo payment keeps the spread at $598/mo. Purchase price stands at $351,000, and rental yield measures 10.1% with $2,954/mo rent. Return on cash invested shows 26.08% in year one, and 5% annual appreciation builds toward $96,975 over five years. Five-year ROI reaches 136.63% and total cumulative return in cash records $158,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,954/mo property income covering a $1,718/mo payment rather than investor’s personal income.
Single Family
Built in 2017
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54653, Rockland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 425 (100%) |
| Owner Occupied HU | 322 (75.8%) |
| Renter Occupied HU | 74 (17.4%) |
| Vacant Housing Units | 29 ( 6.8%) |
| Median Home Value | $355,556 |
| Average Home Value | $398,579 |
Housing Distribution
Address Breakdown
Residential
421
Single Family
409
Multi-Family
12
Businesses
19
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