305 East NORTH LAKE STREETHancockWI54943
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow305 East NORTH LAKE STREET, Hancock, WI, 54943 in Hancock is a solid income-producing rental, 10.91% gross yield, $1,228/mo rent, $322/mo net cash flow on a $135,000 buy. DSCR 2.02 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $37,298 and $1,243/yr in principal reduction project a total cumulative return of $72,230.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $322 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,228 |
| Total Monthly Debt Service | $852 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1896
0.83 Acres 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
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
Single Family
Built in 1896
0.83 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
