602 LANCES CIRCLEHatleyWI54440
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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 Hatley at 602 LANCES CIRCLE, Hatley, WI, 54440 priced at $199,900 converts $1,520/mo rent into $179/mo cash flow after a $978/mo obligation. Total monthly income equals $1,520/mo, and annual cash flow totals $2,146/yr on $66,267 invested. Return on cash invested prints 23.15% in year one, and rental yield reads 9.12% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 120.88% and total cumulative return in cash sums $80,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,520/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 2019
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54440, Hatley, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,370 (100%) |
| Owner Occupied HU | 1,116 (81.5%) |
| Renter Occupied HU | 151 (11.0%) |
| Vacant Housing Units | 103 ( 7.5%) |
| Median Home Value | $276,842 |
| Average Home Value | $333,866 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,295
Multi-Family
9
Businesses
30
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Listed by: Mike Schlichte Realty Group • FIRST WEBER
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22405817
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