3130 Hancock Lake RdHarshawWI54529
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3130 Hancock Lake Rd, Harshaw, WI, 54529 in Harshaw. Priced at $429,000, it generates $3,931/mo in gross rent and $1,020/mo in net monthly cash flow, a 10.91% yield that comfortably supports the 2.04 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $12,237. Five-year appreciation: $118,525. Equity from principal paydown: $3,951/yr. Total projected cumulative return: $231,352.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $1,020 | $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 | $3,931 |
| Total Monthly Debt Service | $2,708 |
| DSCR Ratio | 1.45x |
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 N/A
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54529, Harshaw, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 558 (40.2%) |
| Renter Occupied HU | 36 ( 2.6%) |
| Vacant Housing Units | 795 (57.2%) |
| Median Home Value | $303,676 |
| Average Home Value | $361,667 |
Housing Distribution
Address Breakdown
Residential
879
Single Family
879
Multi-Family
0
Businesses
21
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 N/A
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54529, Harshaw, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 558 (40.2%) |
| Renter Occupied HU | 36 ( 2.6%) |
| Vacant Housing Units | 795 (57.2%) |
| Median Home Value | $303,676 |
| Average Home Value | $361,667 |
Housing Distribution
Address Breakdown
Residential
879
Single Family
879
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MICHELLE PYRCHALLA • SHOREWEST - RHINELANDER
Mls Name: GNMLS
Mls Provider:
Mls ID: #211504
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.