38 Hill STREETWilliams BayWI53191
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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 Williams Bay at 38 Hill STREET, Williams Bay, WI, 53191 priced at $489,900 converts $2,389/mo rent into after a $2,398/mo obligation. Total monthly income equals $2,389/mo. Return on cash invested prints 13.27% in year one, and rental yield reads 5.85% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 67.93% and total cumulative return in cash sums $110,321. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,389/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53191, Williams Bay, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,342 (100%) |
| Owner Occupied HU | 1,099 (46.9%) |
| Renter Occupied HU | 282 (12.0%) |
| Vacant Housing Units | 961 (41.0%) |
| Median Home Value | $414,897 |
| Average Home Value | $494,099 |
Housing Distribution
Address Breakdown
Residential
1,735
Single Family
1,460
Multi-Family
275
Businesses
140
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Listed by: Shelly Cronin • Century 21 Affiliated
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1894350
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.